Here’s what happened last week:
BitMine (BMNR) added another 45,759 ETH, worth about $90.8 million.
They now hold a total of 4,371,497 ETH (around $8.68 billion).
Their average entry price is $3,821, and they’re currently sitting on an unrealized loss of roughly $8.03 billion.
Meanwhile, Strategy (MSTR) purchased an additional 2,486 BTC last week at an average price of $67,710, spending about $168 million.
Strategy now holds 717,131 BTC, valued at approximately $54.52 billion, with an average entry price of $76,027.
Large players are still accumulating — even in volatile conditions.
The real question is:
Are they positioning for the next cycle, or managing long-term conviction?