🚨 $BTC BTC & $ETH Corporate Treasuries Update
As Bitcoin dropped below ~$70,000, major corporate holders are facing significant paper losses.
Strategy (BTC) – Michael Saylor:
• Holds ~713,502 BTC at ~$76,000 average cost
• Bitcoin slipping under ~$71k puts its stack in multi-billion dollar unrealized losses
• Stock (MSTR) reflects impact
BitMine Immersion (ETH) – Tom Lee:
• Holds ~4.28–4.3M ETH
• Sharp ETH drop results in billions in paper losses, estimates north of $6B
• Firm continues accumulating, signaling long-term conviction
💡 Key Takeaways:
• Losses are unrealized, only on paper until assets are sold
• Both firms remain committed, HODLing & adding positions
• Market volatility is high, but long-term strategies continue
Current Prices:
• BTCUSDT: 69,331.7 (-8.46%)
• ETHUSDT: 2,058.81 (-7.54%)
#BTC #ETH #CryptoNews #Binance #HODL
