Three major cryptocurrency investment firms, including Michael Saylor's Strategy, Tom Lee's BitMine, and Yi Lihua's Trend Research, are facing combined floating losses exceeding $15 billion. Strategy holds approximately 713,500 BTC at an average cost of $76,052, with current losses around $6.4 billion. BitMine's holdings of 4.29 million ETH, purchased at an average of $3,849, have resulted in losses over $8.1 billion. Trend Research, with 463,000 ETH at an average cost of $3,180, faces losses exceeding $647 million. These losses are equivalent to significant gold reserves, highlighting the volatility in the crypto market.
Crypto Giants Face Over $15 Billion in Combined Losses
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