Hyperliquid Strategies posts $356M unrealized gains as DAT losses deepen

On February 28, 2026, Hyperliquid Strategies was reported to hold $356M in unrealized gains, according to Artemis, while many DATs show steep deficits. Bitmine has over $7.5 billion in unrealized losses, and Saylor's Strategy is also in the multi‑billion range. As of February 27, Bitdeer said it holds no BTC after selling 166 BTC to fund an AI pivot.