"ETH·SOL, DAT purchase price undercut… Bitmain valuation losses exceed $2.8 billion"
Summary
- It reported that Ethereum (ETH) and Solana (SOL) prices are significantly below the average purchase price of major Digital Asset Treasuries (DAT).
- Bitmain purchased approximately 3,505,000 ETH at an average of $4,020, but is currently at about 20.14% valuation loss, and its unrealized losses are reported to be about $2.8 billion.
- It also reported that Forward Industries' SOL investment is recording a 38.53% valuation loss compared to the average purchase price of $232.08.
Ethereum (ETH) and Solana (SOL) prices have fallen well below the average purchase price of major Digital Asset Treasuries (DAT), widening valuation losses across institutional portfolios.
On the 14th, crypto-focused media BlockBeats reported, "Both Ethereum and Solana have been pushed below major DAT purchase levels, and Bitmain's unrealized losses have exceeded approximately $2.8 billion."
First, Strategy (formerly MicroStrategy) is understood to have purchased 641,692 Bitcoins (BTC) at an average of $74,085. This corresponds to an approximately 31.67% profit range compared to the current price.
By contrast, ETH- and SOL-based DATs show larger losses. Bitmain acquired roughly 3,505,000 ETH at an average of $4,020, but is currently recording about a 20.14% valuation loss. Forward Industries purchased a total of 6,871,599 SOL at an average of $232.08, and with SOL's decline the valuation loss rate reaches 38.53%.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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