Post #11612

DAT Companies are in $25B of Unrealized Losses According to fresh data from Artemis, the Digital Asset Treasury (DAT) sector is facing a massive drawdown. DATs are down about $25B cumulatively, with ZERO companies currently above their cost basis. 🟠Strategy (MicroStrategy): $8.9B loss The largest corporate BTC holder is taking the biggest hit but shows no signs of selling. 🔵Bitmine: $8.6B loss Heavy exposure to $ETH has resulted in significant unrealized losses. ⚫️ Others: • Twenty One $BTC -$1.9B • Bitcoin Standard $BTC -$1.7B • Sharplink $ETH -$1.5B • Metaplanet $BTC -$1.4B • Forward $SOL -$1.1B • Ether Machine $ETH -$1B • Strive $BTC -$538M • Solana Company $SOL -$342M This is the first real bear market test for most DAT treasuries. If prices don’t recover soon, some of these companies may be forced to sell at a loss, triggering a cascade. Data source 🔗Artemis @TOP7ICO