Strategy's floating loss approximately $11.341 billion, Bitmine's floating loss approximately $9.406 billion

CoinFeed July 6 news, according to Ember, Strategy sold 3,588 BTC at approximately $60,197 last week, cashing out about $216 million to supplement reserves. It currently holds 843,775 BTC, with an average cost of $75,476, resulting in a floating loss of about $11.341 billion, a paper drawdown of about 17.8%. Meanwhile, Bitmine continued its weekly accumulation strategy, buying 42,197 ETH at about $1,636 last week, spending about $69.03 million. It now holds a total of 5,742,237 ETH, with an average cost of $3,386, with an overall floating loss of about $9.406 billion, a paper drawdown of about 48.4%.