On-chain analyst Yujin has revealed recent purchasing data from major Bitcoin and Ethereum treasury firms. Last week, Bitcoin treasury firm Strategy (MSTR) acquired 4,871 BTC at an average price of $67,718 each, totaling $3.3 billion. The firm now holds 766,970 BTC valued at $53.287 billion, with an average cost basis of $75,644, resulting in an unrealized loss of $4.729 billion.
Similarly, Ethereum treasury firm Bitmine (BMNR) purchased 71,252 ETH for approximately $147 million at an average price of $2,063 per ETH. Bitmine's total holdings now stand at 4,803,334 ETH, valued at $10.303 billion, with an average cost basis of $3,644 per ETH, leading to an unrealized loss of $7.202 billion.
Bitcoin and Ethereum Treasury Firms Report Significant Unrealized Losses
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