Strategy's unrealized profit is approximately 6536000000 USD, while Bitmine's unrealized loss is approximately 4781000000 USD
BIBIBI
AT A GLANCE
Strategy increased its Bitcoin holdings and has an unrealized profit of approximately 6536000000 USD, while Bitmine increased its Ethereum holdings but has an unrealized loss of approximately 4781000000 USD。
Article
Strategy's unrealized profit is approximately 6536000000 USD, while Bitmine's unrealized loss is approximately 4781000000 USD
PANews October 12 According to the news, on-chain analyst Yu Jin monitored that the Bitcoin treasury company Strategy increased its holdings last week by 250 units of BTC, for an approximate purchase amount of 21550000 USD, at an average purchase price of approximately 86,194 USD/unit. As of now, Strategy holds a total of 848,250 units of BTC, with holdings valued at approximately 70532000000 USD, and a cumulative average purchase cost of 75,444 USD/unit, representing an unrealized profit of approximately 6536000000 USD, or a return of approximately 10.2%. Meanwhile, the Ethereum treasury company Bitmine increased its holdings last week by 12,532 units of ETH, for an approximate purchase amount of 32600000 USD, at an average purchase price of approximately 2,601 USD/unit. Bitmine currently holds approximately 6,028,946 units of ETH, with its holdings...
Key points
01
Strategy increased its holdings last week by 250 units BTC, for an approximate purchase amount of 21550000 USD, at an average purchase price of approximately 86194 USD/unit.
02
Strategy currently holds 848250 units BTC, with holdings valued at approximately 70532000000 USD, and a cumulative average purchase cost of 75444 USD/unit, with an unrealized profit of approximately 6536000000 USD, representing a return of approximately 10.2%。
03
Bitmine increased its holdings last week by 12532 units ETH, for an approximate purchase amount of 32600000 USD, at an average purchase price of approximately 2601 USD/unit.
04
Bitmine currently holds approximately 6028946 units ETH; the title states that its unrealized loss is approximately 4781000000 USD。
05
The source states that the data was monitored by on-chain analyst Yu Jin.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This news compares the crypto asset holdings of two companies: Strategy continues to buy Bitcoin, and according to the data in the article, its holdings are showing a paper profit; Bitmine continues to buy Ethereum, but the title indicates that it is showing a paper loss.
Why it matters to readers
It shows that corporate treasuries continue to increase their allocations to BTC and ETH; meanwhile, the difference between holding costs and current prices results in paper gains and losses.
“Unrealized profit” refers to the unrealized gain calculated based on the current price, while “unrealized loss” refers to an unrealized loss; these gains and losses may continue to change before an actual sale.
Risks and unknowns
The information on Bitmine's holdings is truncated in the main text, and the complete basis for calculating its holding cost and gains or losses is not provided.
The data in the article comes from monitoring by an on-chain analyst; no independent verification materials are provided in this text.
The calculation corresponding to the Bitmine unrealized-loss figure in the title and the missing portion of the main text is unclear.
Related Developments
Loading event timeline…
Related concepts
BTC
The abbreviation commonly used for Bitcoin when referring to it as a digital currency.
