BitMine Reports $3.37 Billion Unrealized ETH Loss, $10.11 Billion BTC Profit

Strategy and Bitmine Immersion increase BTC and ETH holdings despite year-end price declines, underscoring continued institutional confidence in digital assets.

BTC
ETH

Summary

Strategy acquired 1,129 Bitcoin between December 22–28 at an average price of $88,568, totaling $108.8 million, raising its holdings to 672,497 BTC worth roughly $50.44 billion. The purchases were funded through the sale of $108.8 million in Class A common stock, with $11.7 billion still available for issuance. Bitmine Immersion added 44,463 ETH, bringing total holdings to 4,110,525 ETH (3.41% of supply), with 408,627 ETH staked. BTC traded at $87,400 and ETH at $2,920, both posting 2025 losses, while MSTR and BMNR stocks saw declines of 71% and 82% from all-time highs.

Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions and smart contracts.
  • BTC: The native cryptocurrency of the Bitcoin network, used as a decentralized digital currency without a central bank.
  • Staking: The process of locking cryptocurrency in a blockchain network to support operations like transaction validation, earning rewards in return.