I just noticed that Strategy and Bitmine are under pressure from significant paper losses on their cryptocurrency portfolios. Strategy currently holds over 717,000 BTC, but with an average cost of $76,020 per coin, they are facing losses of more than $7 billion. What about Bitmine? They recently purchased around 51,000 ETH, increasing their total holdings to nearly 4.4 million ETH, worth approximately $8,504 million today. However, with an average cost of $3,779 per token, this company is experiencing an unrealized loss of about $8.2 billion. These numbers are truly staggering. It’s clear that when you invest in cryptocurrencies on such a large scale, price volatility can cause enormous losses very quickly. This is exactly why risk management is essential, even if you have strong financial resources.

BTC-0.91%
ETH-3.17%
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