BitMine buys 10,000 ETH ($19 million), while Strategy sells its preferred shares for $334 million

The ETH treasury is approaching its target of holding 5% of ETH supply. Of its 5.8 million ETH ($11.1 billion), 5 million (87%) are staked, generating $250 million annually. However, the company’s losses on its ETH investments stand at $8.4 billion (42.9%).

At the same time, after selling MSTR, Strategy increased its reserves to $4.8 billion. These funds are enough to cover more than 2 years of the company’s obligations payments. Meanwhile, Strategy retained 840.4 thousand BTC ($54.4 billion), or 4% of all coins. The unrealized loss on BTC purchases is $9.3 billion (14.5%).