Svmuu reported that, according to Lookonchain, as the crypto market continues to decline, Tom Lee-backed Ethereum reserve company Bitmine's unrealized book losses have exceeded those of Strategy's Bitcoin holdings.
Data shows that Bitmine currently holds 5,416,901 ETH, worth approximately $10.03 billion at current market prices, incurring unrealized losses of about $8.9 billion from the average purchase cost.
Meanwhile, Strategy, led by Michael Saylor, holds 843,706 BTC, currently valued at approximately $56.26 billion, with book unrealized losses of about $7.6 billion.
Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
Faster global financial news!
Bitmine's unrealized losses have surpassed those of Strategy's Bitcoin holdings
02/06/2026 23:32
Complaint Report
Complaint Report
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice. If you find any violations, please Click to Report
24H Trending
-
Binance Seven U-denominated perpetual contracts, including LRCX and KLAC, will be launched
-
Gate's Stock Contracts Section Launches Trading for 8 Perpetual Contracts, Including ADSK (Autodesk) and BKNG (Booking.com Holdings)
-
Learn More About the ALTHEA Token (ALTH) and Its Decentralized Network
-
The OKX DEX xStocks Trading Competition is currently underway, with a total prize pool of 300,000 USDC
-
Morgan Stanley Updates Ethereum and Solana ETF Filings, Proposing a 0.14% Fee
-
Record-High AI-Driven Leveraged Bets in Asia: SK Hynix’s 2x Long ETF in South Korea Reaches $13 Billion in Assets Under Management
-
A "smart money" investor bet $320,000 on Argentina to beat Austria in the World Cup group stage
-
Market News: U.S. Vice President Vance is set to deliver a speech in Switzerland following his first round of talks with Iran
-
Mainland China’s Dogecoin Trading Platform: Current Status—Regulatory Policies and Global Mainstream Options
-
Iranian media report that Iran-U.S. negotiations have resulted in five key points
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
Scan to Download App
