Markets· ★★★· bearish·

60 of 90 public bitcoin treasuries underwater as BTC sits at $79.8K

  • —173 public companies hold 1.3M BTC; 90 of them disclosed an average cost basis
  • —Strategy: 847,665 BTC at $76,075, up 4.8%; a 4.6% BTC drop would erase the gain
  • —Trump Media is the worst performer: average $118,529, down 32.7%
  • —Next Technology is up 154.1% on an average cost of $31,386
Why it matters: Losses across most DAT firms raise the risk of forced BTC sales to cover obligations, adding pressure on price.
#BTC
Source: TokenPost
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