
Huyền Sương
Huyền Sương
Played by coins from 2019 to now. Max suffered. ☹️
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Bitmine's unrealized loss of 8.9 billion USD surpasses even Stratage.
Bitmine Immersion Technologies, the Ethereum holding company backed by Tom Lee, currently holds 5,416,901 ETH, valued at approximately 10.03 billion USD at current market prices, corresponding to an unrealized loss of about 8.9 billion USD compared to the initial purchase price.
Meanwhile, Strategy, led by Michael Saylor, holds 843,706 BTC, with a current market capitalization of about 56.26 billion USD, corresponding to an unrealized loss of approximately 7.6 billion USD.
Alright, alright. Everyone is at a loss, but us users are profiting a lot, emotional profits #buildX. 🥲
Michael Saylor's Strategy officially sells Bitcoin for the first time in over 3 years
According to the SEC filing on June 1, Strategy sold 32 BTC at an average price of 77,135 USD/BTC, raising about 2.5 million USD.
This is the company's first Bitcoin sale since the tax-loss harvesting transaction in December 2022.
After the transaction, Strategy still holds 843,706 BTC (equivalent to ~4% of the total supply), with an average purchase cost of 75,699 USD/BTC.
Reason for sale: To pay dividends for preferred stock. Saylor had revealed in the May earnings call that a small amount would be sold to "help the market gradually get used to" the company potentially selling BTC when needed.
However, the amount sold only accounts for 0.0038% of holdings. Strategy remains the largest Bitcoin holder among publicly listed companies.





