59 of 90 Bitcoin treasury firms trade below their average purchase price
- —173 listed companies hold 1,298,213 BTC as of Sept 30
- —59 of 90 firms with disclosed cost basis are below $83,608 spot
- —Strategy holds 847,665 BTC at $76,075 average, up 9.9%
- —Trump Media is deepest underwater: $118,529 average, down 29.5%
Why it matters: A further 9% drop in bitcoin would push Strategy below its cost basis, adding pressure across the DAT sector.
Source: TokenPost