Strategy (MSTR) and Bitmine (BMNR), two major crypto treasury companies, are grappling with substantial floating losses. Strategy's current unrealized loss stands at approximately $9.05 billion, while Bitmine's is around $8.643 billion. Despite these losses, Strategy has not sold any Bitcoin recently, opting instead to bolster its USD reserves by selling shares, which now total $3.225 billion. This reserve is sufficient to cover about 22 months of interest expenses, with a $1 billion coin selling quota still available. Strategy holds 843,775 BTC, valued at approximately $54.634 billion, with an average cost basis of $75,476. Meanwhile, Bitmine has repurchased approximately $86 million worth of stock and acquired 7,430 ETH for about $13.68 million at an average price of $1,842. Bitmine continues its weekly ETH purchases, holding a total of 5,777,468 ETH valued at approximately $10.861 billion, with an average cost basis of $3,376. Both companies are navigating significant unrealized losses, with Strategy's at -14.2% and Bitmine's at -44.3%.