Bitcoin and Ethereum treasury company's latest holdings data: MSTR suspends accumulation, BMNR continues to buy.

In the past week, there have been new changes in institutional Holdings of encryption assets.

On the Bitcoin side, MSTR did not make any new purchases last week. They currently hold more than 670,000 BTC, valued at just over $60.4 billion, with an average cost of around $75,000. This batch of assets is currently up by over $10 billion, which looks quite impressive on the books.

The story of Ethereum is quite different. BMNR has been quite active this week, continuing to buy at an average price of $2,976, increasing their holdings by nearly 100,000 ETH, spending almost $300 million. Their total ETH holdings have now surpassed 4 million coins, specifically more than 4.06 million, with a total market value of $12.4 billion. However, from a cost perspective, their average entry price is $3,884, and at this price, it is indeed a bit awkward— they are facing a paper loss of $3.37 billion.

In contrast, the strategies of the two companies are completely different. One has hit the brakes, while the other continues to increase its investment. At such a market juncture, the actions of these large institutions often reflect the differing investment logic and expectations for various assets.