Strategy, a major Bitcoin treasury company, reported a floating loss of $2.93 billion as it sold 32 BTC last week at approximately $77,135 each, marking its first sale. The company now holds 843,706 BTC valued at around $60.936 billion, with an average cost basis of $75,699, resulting in a 4.6% unrealized loss.
Meanwhile, BitMine, a leading Ethereum treasury company, faces an $8.12 billion floating loss. Last week, BitMine purchased 26,497 ETH at approximately $2,061 each, totaling $54.61 million. The company holds 5,416,901 ETH valued at approximately $10.763 billion, with an average cost basis of $3,485, leading to a 43% unrealized loss.
Strategy and BitMine Face Significant Floating Losses in Crypto Holdings
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