Rewards Hub Strategy and BitMine are reporting a combined floating loss of $137 billion on their Bitcoin and Ethereum holdings, according to Yujin's analysis. Strategy, a Bitcoin treasury company, holds 717,131 BTC valued at $48.765 billion, with an average cost basis of $76,027, resulting in an unrealized loss of $5.756 billion. Meanwhile, BitMine, an Ethereum treasury company, holds 4,371,497 ETH worth $8.673 billion, with an average cost basis of $3,801, leading to an unrealized loss of $7.943 billion.
Strategy and BitMine Face $137 Billion Floating Loss on BTC and ETH Holdings
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