63 of 90 public BTC-holding companies underwater, Strategy up 0.6%
- —174 public companies hold 1.294 million BTC
- —63 of 90 companies with a disclosed average price are underwater
- —Strategy: 845,050 BTC at an average of $76,052, up 0.6%
- —Trump Media is down 35.5% with an average price of $118,529
Why it matters: Most DAT companies have gone underwater with BTC at $76,507, threatening forced selling and pressure on the price.
Source: TokenPost