News
Strategy has an unrealized loss of approximately 13.9%, and Bitmine has an unrealized loss of approximately 42.2%.
en
July 27th, according to Ember, MicroStrategy did not sell BTC last week but increased its dollar reserves by selling approximately $525 million in stock. The company currently holds about $3.75 billion in cash, which can cover approximately 25 months of interest expenses. It is not expected to continue buying Bitcoin in the short term. Ethereum treasury company Bitmine purchased 9,946 ETH last week at an average price of approximately $1,897, totaling about $18.87 million, maintaining its weekly buying pace since the treasury's inception. Currently, MicroStrategy holds a total of 843,775 BTC, with an unrealized loss of approximately 13.9%. Bitmine holds a total of 5,787,414 ETH, with an unrealized loss of approximately 42.2%.