Strategy Bitcoin Holdings show a $2.398B profit; Bitmine Ethereum holdings suffer a $5.194B loss.

iconKuCoinFlash
Share
This is the logo of the coin.
BTC
$78,762.20-0.06%
This is the logo of the coin.
ETH
$2,496.88-0.08%
AI summary iconSummary
Ethereum news reports that Bitmine’s Ethereum holdings now total 5,929,198 ETH, valued at $14.651 billion, with an average cost of $3,347, resulting in a $5.194 billion floating loss (-26.2%). Last week, the firm purchased 28,086 ETH at $2,451. Meanwhile, the Ethereum price remains under pressure today. Strategy’s Bitcoin holdings of 845,050 BTC show a $2.398 billion profit (+3.7%) at an average cost of $75,412.

Odaily Planet Daily report: According to on-chain analyst Yujin, Bitcoin treasury firm Strategy did not increase its Bitcoin holdings last week and currently holds 845,050 BTC ($66.125 billion), with an average cost basis of $75,412 and an unrealized profit of $2.398 billion (+3.7%).

Last week, Ethereum treasury company Bitmine purchased 28,086 ETH (approximately $68.85 million) at an average price of $2,451 per ETH. They now hold a total of 5,929,198 ETH ($14.651 billion), with an average cost basis of $3,347 per ETH, resulting in an unrealized loss of $5.194 billion (-26.2%).

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.