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Strategy Reports $195 Million Unrealized Loss, Bitmine Reports $6.39 Billion Loss
On April 20, according to on-chain data analyst Yu Jin, Bitcoin treasury company Strategy (MSTR) purchased 34,164 BTC at approximately $74,395 last week, totaling $2.541 billion. Strategy now holds a total of 815,061 BTC (worth $6.1363 billion) with an average cost of $75,527, resulting in an unrealized loss of $195 million (-0.3%). The current BTC price is hovering around its average cost. Ethereum treasury company Bitmine (BMNR) purchased 101,627 ETH at approximately $2,305 last week, totaling $234 million. Bitmine now holds a total of 4,976,485 ETH (worth $11.505 billion) with an average cost of $3,596, resulting in an unrealized loss of $6.39 billion (-35.7%).