Strategy and BitMine face multi-billion-dollar unrealized losses on their vast Bitcoin and Ethereum holdings, reflecting sharp market declines against acquisition costs.
Strategy holds 717,131 Bitcoin valued at $48.765 billion, purchased at an average cost of $76,027, posting an unrealized loss of $5.756 billion. BitMine owns 4,371,497 Ethereum worth $8.673 billion at an average cost of $3,801, facing an unrealized loss of $7.943 billion. The updated figures reaffirm the scale of these holdings and the mark-to-market losses sustained by large institutional crypto investors amid market downturns.