🚨 BREAKING CRYPTO NEWS 🚨
As Bitcoin slips below ~$70,000, major corporate crypto treasuries are now sitting on massive paper losses 📉💥
Two big names feeling the heat 👇
🟠 Michael Saylor’s Strategy (BTC Treasury)
🔻 Strategy (formerly MicroStrategy) holds ~713,502 BTC
💰 Average buy price: ~$76,000 per BTC
📉 With BTC trading under ~$71,000, the entire stack has flipped into unrealized losses
💥 Estimated impact: hundreds of millions to several BILLION dollars in paper losses
📉 MSTR stock has also lagged, reflecting pressure on its Bitcoin-heavy balance sheet
🟣 Tom Lee’s BitMine Immersion (ETH Treasury)
🔻 BitMine holds a massive ~4.28–4.3 million ETH treasury
📉 After ETH’s sharp pullback, unrealized losses are now estimated at $6+ BILLION
🧠 Despite the drawdown, BitMine continues to accumulate ETH, signaling strong long-term conviction
💡 Market Reality Check
⚠️ These are unrealized (paper) losses — no cash is lost unless assets are sold
📊 Balance-sheet valuations swing hard when BTC & ETH retrace
🧘 Both firms remain committed to their long-term crypto strategy despite volatility
📌 In Simple Terms:
Even the biggest corporate crypto holders aren’t immune to drawdowns.
Conviction stays strong — but volatility hits hard.
🗣️ Saylor’s BTC and BitMine’s ETH stacks are underwater…
…but the HODL strategy continues 💎🙌
📉 Market Snapshot:
🔸 $BTC — 69,657.8 (-8.44%)
🔸 $ETH — 2,067.52 (-7.73%)
