TechFlow News, March 16: According to on-chain analyst Ember (@EmberCN), Bitcoin treasury company MicroStrategy (MSTR) purchased 22,337 BTC last week at an average price of approximately $70,194, spending roughly $1.568 billion. As of now, the company holds a cumulative total of 761,068 BTC, with a current market value of approximately $55.962 billion, an average acquisition cost of $75,696 per BTC, and an unrealized loss of approximately $1.648 billion.
Ethereum treasury company Bitmine (BMNR) purchased 60,999 ETH last week at an average price of approximately $2,112, spending roughly $129 million. As of now, the company holds a cumulative total of 4,595,562 ETH, with a current market value of approximately $10.464 billion, an average acquisition cost of $3,714 per ETH, and an unrealized loss of approximately $6.604 billion.
