Data: If Bitcoin Rises Another ~$800, Strategy Will Break Even; Unrealized Loss Narrows to $685 Million
According to on-chain analyst Ember's monitoring, if Bitcoin rises another ~$800, Strategy will break even, with its average holding cost around $75,385. Currently, its unrealized loss has narrowed…
According to on-chain analyst Ember's monitoring, if Bitcoin rises another ~$800, Strategy will break even, with its average holding cost around $75,385. Currently, its unrealized loss has narrowed from $9.904 billion a few days ago to $685 million, recovering approximately $9.219 billion. BitMine's unrealized loss on ETH holdings has also narrowed from $8.513 billion to $5.879 billion, recovering approximately $2.634 billion.
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