The total unrealized loss of Strategy and Bitmine's holdings has reached $12.671 billions.
According to Odaily, on-chain analyst Yujin monitored that during last week's sharp decline, the largest treasury companies of Bitcoin and Ethereum did not increase their purchasing efforts, and the quantities purchased were not significant.
Moreover, currently, the combined floating loss of these two companies has reached $12.671 billions:
1. Bitcoin treasury company @Strategy
(MSTR) purchased 1,142 BTC last week at an average price of approximately $78,815 (about $90 millions).
They now hold a total of 714,644 BTC ($54.353 billions), with an average cost of $76,056, resulting in a floating loss of $4.971 billions.
2. Ethereum treasury company @BitMNR
(BMNR) purchased 40,613 ETH last week at an average price of approximately $2,072 (about $84.15 millions).
They now hold a total of 4,325,738 ETH ($8.824 billions), with an average cost of $3,820, resulting in a floating loss of $7.7 billions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nearly $600 Million in Crypto Longs Liquidated as Bitcoin and Ethereum Fall to August Lows

At 21:30 today, the US October PPI annual rate and other data will be released.


After Nvidia (NVDA.US) plunged 32%, Goldman Sachs cited the Apple precedent, while Fundstrat even called for “buying the dip.”
After Nvidia plunged by 32%, Goldman Sachs suggested, drawing parallels with Apple, that its valuation might face pressure before recovering. Tom Lee advocated for "buying the dip," with all differing opinions pointing to declines as investment opportunities.
