Lates News

According to EmberCN monitoring, Strategy purchased 250 BTC last week at an average price of $86,194, worth approximately $21.55 million. The company currently holds 848,250 BTC, with a position value of approximately $70.532 billion, an average cost of $75,444, an unrealized gain of approximately $6.536 billion, and a return rate of 10.2%. Bitmine purchased 12,532 ETH last week at an average price of approximately $2,601, worth approximately $32.6 million. It currently holds 6,028,946 ETH, worth approximately $15.319 billion, with an average cost of $3,334, an unrealized loss of approximately $4.781 billion, and a loss margin of 23.8%. Tom Lee previously stated at the TOKEN2049 conference in Singapore that Bitmine will stop increasing its holdings once its ETH position reaches 5% of the total supply. It is currently about 77,442 ETH away from this target. Based on the recent pace of accumulation, Bitmine may reach the target in about one month.