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Strategy Shows $2.6B BTC Gain as Bitmine Holds $6.3B ETH Loss
Strategy held a $2.598 billion unrealized gain on its 818,334 BTC position, while Bitmine held a $6.289 billion unrealized loss on its ETH treasury. Yu Jin said Strategy did not buy BTC last week, while Bitmine bought 101,745 ETH for about $235 million. Strategy’s average BTC cost was $75,537, and Bitmine’s average ETH cost was $3,546.