Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin briefly profitable for Strategy as price tops $75,385, while BitMine faces $5.79B Ethereum loss.

Market News
21 Aug 2026
Blockonomi
View Source
Neutral
pluang ai news

Strategy's 840,447 Bitcoin holdings briefly turned profitable when Bitcoin's price rose above their average cost of $75,385 per coin, reaching a peak paper gain of about $191.6 million before slipping back. The company sold some Bitcoin earlier to fund share buybacks and plans to resume buying in 2026. Meanwhile, BitMine's Ethereum holdings remain deeply unprofitable with an estimated $5.79 billion unrealized loss due to Ethereum trading well below their average purchase cost. BitMine projects staking revenue but needs a 42% price increase to break even. Strategy's future results will depend on Bitcoin's price movements relative to their cost basis.

More News

XRP price jumps 18%, whales buy 300M tokens amid bullish market shift and short squeeze.

XRP price jumps 18%, whales buy 300M tokens amid bullish market shift and short squeeze.

XRP surged 18.19% to $1.29, surpassing key resistance levels and triggering a bullish breakout. Over 300 million XRP tokens were bought by whales within 96 hours, signaling strong long-term holder confidence. The funding rate for XRP futures hit its ...

Market News
Bullish
4 hours ago
Dogecoin jumps 10% as trading volume surges and gains PayPal network access

Dogecoin jumps 10% as trading volume surges and gains PayPal network access

Dogecoin (DOGE) rose 10% in 24 hours, boosted by a 3.5x increase in daily trading volume to $1.28 billion and new access to the Paxos network used by PayPal and Venmo. This rally coincided with gains in other memecoins like Pepe and Shiba Inu, and wa...

Market News
Bullish
4 hours ago
HydrogenPro highlights its green hydrogen tech and large-scale projects in Q2 2026 earnings call.

HydrogenPro highlights its green hydrogen tech and large-scale projects in Q2 2026 earnings call.

HydrogenPro ASA presented its Q2 2026 update focusing on its core business of developing technology and delivering key components for green hydrogen production, including electrolyzers and gas separation systems. The company targets industries requir...

Company Fundamentals
Bullish
4 hours ago
Bitcoin tops $79,000 amid $1.2B short squeeze as US debt fears boost crypto appeal

Bitcoin tops $79,000 amid $1.2B short squeeze as US debt fears boost crypto appeal

Bitcoin surged past $79,000, pushing its market cap over $1.55 trillion and sparking a $1.22 billion short squeeze in crypto markets. This rally is driven by growing concerns over the US national debt exceeding $40 trillion, which has increased deman...

Market News
Bullish
4 hours ago
Bitcoin surges past $75,000 on U.S. Treasury buyback plan and crypto regulation news

Bitcoin surges past $75,000 on U.S. Treasury buyback plan and crypto regulation news

Bitcoin climbed above $75,000 for the first time in over three months, driven by the U.S. Treasury's plan to double buybacks of long-term securities and new crypto regulations proposed by the SEC. The rally also followed a significant short squeeze, ...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App