Strategy and Bitmine Report $12.456B and $10.362B Unrealized Losses, Analyst Says

On-chain analyst Yujin said Strategy is sitting on a $12.456 billion unrealized loss, while Bitmine has a $10.362 billion unrealized loss. According to NS3.AI, Yujin estimated the decline rates at 19.5% for Strategy and 54.9% for Bitmine. The figures were presented as an on-chain assessment of the two firms’ positions, highlighting a larger percentage drawdown for Bitmine than for Strategy.