💰 Two Major Treasury Companies Show Contrasting Fortunes



Bitcoin treasury giant Strategy made another move last week, snapping up 10,624 BTC at a price of $90,615 each, spending $962 million. This brought their total holdings to 660,624 BTC, which, at current prices, is worth $59.82 billion. Even more impressively, their cost basis is only $74,696 per BTC, meaning they’re sitting on an unrealized gain of $10.473 billion.

On the other hand, things haven’t been going as well for Bitmine on the Ethereum side. Their ETH holdings have an average cost of $3,925, and their unrealized losses have now widened to $3.095 billion. Despite both being treasury companies, the performance of BTC and ETH holdings couldn’t be more different.
BTC-1.06%
ETH-3.99%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
FlatTaxvip
· 11h ago
This move in strategy is truly brilliant; BTC is just a printing machine... Compared to the miserable situation over at ETH, it's like heaven and hell. NM, should we go all in too?
View OriginalReply0
FantasyGuardianvip
· 12-10 22:22
This move by Strategy... is really outrageous. It's already over 60 billion, and they're still throwing money around. BTC is truly dominated by them.
View OriginalReply0
HallucinationGrowervip
· 12-10 10:31
This move by Strategy is truly brilliant, swallowing 10,624 BTC in one go. What are they betting on? Bitmine lost over 3 billion yuan but still hoarded it. How big must their heart be? Why is the fate of BTC and ETH so vastly different? The cost basis is like heaven and earth. Holding 660,000 BTC, I honestly can't imagine what that feeling must be like. ETH is really trapped in this wave, anyway, I wouldn't dare to learn this strategy.
View OriginalReply0
SolidityNewbievip
· 12-09 09:57
Strategy is really ruthless with this move, sweeping over 10k bitcoins in one go, with a cost of just over 70,000. Truly impressive, making over 10 billion in paper profits just by lying down, haha.
View OriginalReply0
RealYieldWizardvip
· 12-09 09:55
This move by Strategy is truly brilliant. If this pace continues, ETH holders are going to be in tears...
View OriginalReply0
LayoffMinervip
· 12-09 09:54
This move by Strategy is truly impressive—sweeping up over 10,000 BTC in one go, with unrealized gains exceeding 10 billion... Bitmine, on the other hand, is in an awkward position, with over 3 billion in losses sitting on the books. The gap is really staggering.
View OriginalReply0
BearMarketBardvip
· 12-09 09:44
This strategy is brilliant, BTC is really a money-printing machine, but why is ETH miner doing so badly...
View OriginalReply0
ForkThisDAOvip
· 12-09 09:43
This move by Strategy is truly impressive—what does it mean to earn over 10 billion effortlessly? Why is Bitmine having such a hard time over there?
View OriginalReply0
BrokenRugsvip
· 12-09 09:42
Strategy's move is truly brilliant. Why doesn't anyone try to learn from their operating logic?
View OriginalReply0
MEVHunterXvip
· 12-09 09:30
Strategy's move is truly brilliant—sweeping up BTC while effortlessly earning billions, whereas over at Bitmine, their ETH is completely stuck. Why is there such a huge difference?
View OriginalReply0
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)