Strategy and Bitmine hold $7.1B and $8.2B unrealized losses on BTC and ETH after new purchases

Bitcoin treasury firm Strategy (MSTR) acquired 592 BTC for about $39.8 million last week at an average purchase price of $67,286, bringing its total holdings to 717,722 BTC valued at $47.501 billion with an average cost of $76,020 and unrealized losses of $7.059 billion, onchain analyst Yujin cited by PANews reported on Feb. 23. Ethereum treasury firm Bitmine (BMNR) bought 51,162 ETH for roughly $99.4 million last week at an average price of $1,943, and now holds 4,422,659 ETH worth $8.504 billion with an average cost basis of $3,779 and unrealized losses of $8.208 billion.