Strategy and Bitmine Report Large Bitcoin and Ethereum Holdings on March 16
On-chain data shows Strategy holds 761,068 Bitcoin, while Bitmine holds 4,595,562 Ethereum, with both positions carrying unrealized losses at the reported average costs.
BTC
ETH
Summary
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Terms & Concepts
On-chain data: Blockchain-recorded transaction and wallet information that can be analyzed to track holdings and transfers.
Unrealized loss: A paper loss showing that an asset’s current value is below its purchase cost, without the position being sold.
Average cost: The mean acquisition price paid per coin across multiple purchases of a digital asset position.