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Strategy Holds 848,000 BTC With $9.06B Unrealized Gain; Bitmine Down $3.73B on ETH

Strategy bought 334 BTC last week at $85,839, roughly $28.67 million, bringing its holdings to 848,000 BTC worth $73.03 billion at an average cost of $75,441 — an unrealized gain of $9.06 billion, or 14.16%. Bitmine bought 15,112 ETH last week at about $2,687, roughly $40.6 million, and now holds 6,016,414 ETH worth $16.34 billion at an average cost of $3,336, an unrealized loss of $3.73 billion, or 18.58%.

Original source

AI take

The contrast here is the story: two large corporate treasury holders, same weekly accumulation habit, opposite marks on their books. Strategy's bitcoin cost basis sits below spot, while Bitmine's ether basis sits well above it, so the same strategy of buying weekly reads as discipline in one case and averaging down in the other. For RWA and treasury-watchers, the question is whether these vehicles keep adding at this pace when one side is carrying a visible unrealized loss.

Generated by AI for reference only.

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