Two of crypto’s most prominent corporate treasury companies, Michael Saylor’s Strategy and BitMine Immersion Technologies, are sitting on massive unrealized losses after recent market weakness dragged Bitcoin and Ethereum sharply lower. Despite continued accumulation by both firms, the downturn has exposed the risks inherent in large concentrated positions during extended sell-offs. Strategy’s Bitcoin Bet and … Continue reading Bitcoin and Ethereum Sell-Off Pushes Strategy and BitMine to Over $12B in Unrealized Losses