Strategy nears breakeven as BTC needs $300 more upside

Strategy’s average Bitcoin purchase price stands at $75,385, and the company would reach breakeven if BTC rises by about $300 from current levels, according to on-chain analyst EmberCN. Strategy’s unrealized loss on its Bitcoin holdings narrowed to $685 million from $9.904 billion a few days ago, recovering about $9.219 billion over that period. Bitmine’s unrealized loss on its ETH holdings also fell over the same period, to $5.879 billion from $8.513 billion.