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.
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Bitmine's unrealized losses have surpassed those of Strategy's Bitcoin holdings
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Source：Odaily · Source Link
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