Digital Asset Treasury Firms Record Billions in Losses as Bitcoin Falls to $82,864
The cryptocurrency market lost nearly $100 billion in market capitalization within 24 hours, pushing most corporate digital asset treasuries into negative territory. Bitcoin traded around $82,864 after declining as much as 10%, while Ethereum fell to $2,683. Strategy remains the sole major holder with an unrealized gain, holding 649,870 BTC worth more than $6.15 billion above cost.