Strategy BTC Sales Yield $18.77M Loss While Bitmine ETH Position Faces $8.87B Unrealized Loss
MicroStrategy sold 1,638 BTC at a loss, while Bitmine accumulated ETH, bringing its unrealized loss to $8.87B. Diverging treasury strategies highlight significant valuation gaps for major crypto holdings.
Woofun AI reports that MicroStrategy executed sales of 1,638 BTC last week at an average price of $63,957, totaling approximately $105 million. This transaction price fell $11,462 below the firm's average holding cost, resulting in a realized loss of $18.77 million. The company currently maintains a total Bitcoin treasury of 842,138 BTC with an average acquisition cost of $75,419, reflecting a book loss of $10.829 billion or roughly 17%.
In contrast, Bitmine increased its Ethereum exposure by purchasing 10,399 ETH at approximately $1,909 per token, investing $19.85 million. The firm now holds 5,797,813 ETH valued at $10.674 billion, with an average cost basis of $3,371. This positions Bitmine with an unrealized loss of $8.871 billion, representing a 45.4% decline from entry prices, as it continues its weekly accumulation strategy.
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