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Strategy and Bitmine are currently experiencing unrealized losses of USD 10.16 billion and USD 8.65 billion, respectively.
Deep Tide TechFlow News, February 6th, according to Onchain Lens (@OnchainLens) monitoring, as the cryptocurrency market prices decline, assets held by Michael Saylor’s Strategy and Tom Lee’s Bitmine are facing massive paper losses.
When the BTC price drops below $61,000, the paper loss on Bitcoin assets held by Strategy exceeds $10.16 billion. At the same time, as ETH price drops below $1,800, the paper loss on Ethereum assets held by Bitmine exceeds $8.65 billion.