Following the rebound of Bitcoin to over $75.5 million on August 21, Strategy's Bitcoin bank once returned to the floating zone. The company disclosed that it currently held 840,447 bitcoin and that the average purchase cost after the combined costs was US$ 75,385 per unit.

At one point, the holder returned to the top of the cost line.

As measured in the text, when bitcoin rose to US$ 75,613, this portion of Strategy ' s s silo was approximately US$ 192 million. The currency then fell around US$ 75,500, and the floating surplus shrunk rapidly to about US$ 97.5 million.

This means that the current surplus of Strategy ' s treasury remains highly dependent on the average holding cost line of US$ 75,385 on the Bitcoin station. Based on the size of its hold, the market value of the hold will vary by approximately $840.4 million for each $10000 currency fluctuation.

The company recently sold some bitcoin.

Corporate disclosures show that as at 16 August, the total purchase cost of the remaining bitcoin was approximately $63.36 billion, and related costs were included. Prior to that, in the week ending on 9 August, Strategy had sold 1,690 bitcoins, with an estimated $108.6 million.

The report mentions that the funds were subsequently used to repurchase the 1.15 million STRC priority shares rather than to continue to increase the amount of bitcoin. Unrealized gains do not amount to a return of cash unless the company sells bitcoin or holds hold for financing transactions.

BitMine's Taifung Treasury is still below cost.

Another company, BitMine Immersion Technologies, is still in a clear state of loss. The company disclosed that, as at 16 August, it held 5,815,164 ETH and had added 9,926 during the previous week; it also held 198 bitcoin and other investments.

According to the data in the paper, the cost of the fare is about US$2,371, while the average storage cost disclosed by BitMine is about US$ 3,366, a difference of about US$ 995. The unrealized losses are estimated at approximately $5.79 billion, based on the current level of warehousing.

BitMine also disclosed that approximately 5,067,309 ETH had been involved in the pledge through a network of certifiers, accounting for 87 per cent of its reported ETH hold. The company ' s management, based on recent rates of return, predicts that the annual pledge income could reach $250 million, but this figure is still subject to changes in the pledge rate, currency prices and the size of the active pledge.

Follow-up point in hold and disclosure update

For Strategy, the next SEC document to be submitted on a week-by-week basis will show whether it maintains its current hold, resumes buying or continues to reduce. For BitMine, subsequent disclosure would reflect the new purchase and pledge proceeds and would further lower their actual holding costs.

Additional information:The article also mentions that under the United States accounting rules in force, eligible encrypted assets are measured at fair value and price changes are accounted for as current gains, so that a simple comparison of market prices with total acquisition costs is not exactly equivalent to the firm ' s final financial results.