MicroStrategy did not make any BTC purchases last week (in fact, the market is more afraid they might buy BTC now, because everyone is more focused on their ability to service interest payments. Buying would consume the U.S. dollar reserves meant for paying interest; with no money left, MicroStrategy would have only one way out—selling coins).
BitMine, on the other hand, continued buying 27,000 ETH ($44.63 million), which isn’t much, but at least they’re still buying.
◎ Bitcoin treasury company Strategy currently holds a total of 847,363 BTC ($50.842 billion), with an average cost of $75,651. It is down $13.262 billion (-20.7%).
◎ Ethereum treasury company Bitmine purchased 27,084 ETH at around $1,648 last week ($44.63 million).
They now hold a total of 5,700,040 ETH ($8.978 billion), with an average cost of $3,399 and an unrealized loss of $10.397 billion (-53.6%).$BTC
BitMine, on the other hand, continued buying 27,000 ETH ($44.63 million), which isn’t much, but at least they’re still buying.
◎ Bitcoin treasury company Strategy currently holds a total of 847,363 BTC ($50.842 billion), with an average cost of $75,651. It is down $13.262 billion (-20.7%).
◎ Ethereum treasury company Bitmine purchased 27,084 ETH at around $1,648 last week ($44.63 million).
They now hold a total of 5,700,040 ETH ($8.978 billion), with an average cost of $3,399 and an unrealized loss of $10.397 billion (-53.6%).$BTC
