Digital asset treasuries were flying high this year until bitcoin's sudden October crash. Now many of those companies are sitting on unrealized losses.
Over 180 public companies currently hold crypto on their balance sheets, with roughly 100 of that total having followed some version a the playbook that Strategy (MSTR) co-founder Michael Saylor pioneered in 2020 by issuing debt and equity to rapidly accumulate bitcoin.
BTC
86,053.12
-2.86%
