Bitcoin fell to around $89,000, with several companies holding coins collectively deep in the red. Data from Galaxy Research shows that Metaplanet shifted from a floating profit of over $600 million in October to a floating loss of about $530 million; Nakamoto's average holding price is around $118,000, with a floating loss exceeding $180 million and its stock price down over 95% from its peak; Semler Scientific's average price is about $95,000, with a floating loss of more than $50 million. Except for Strategy, the entry prices for BTC in the three major corporate treasuries are all above $100,000. Strategy still has a floating profit but it has dropped from $2.84 billion to $690 million. (DL News)
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Bitcoin fell to around $89,000, with several companies holding coins collectively deep in the red. Data from Galaxy Research shows that Metaplanet shifted from a floating profit of over $600 million in October to a floating loss of about $530 million; Nakamoto's average holding price is around $118,000, with a floating loss exceeding $180 million and its stock price down over 95% from its peak; Semler Scientific's average price is about $95,000, with a floating loss of more than $50 million. Except for Strategy, the entry prices for BTC in the three major corporate treasuries are all above $100,000. Strategy still has a floating profit but it has dropped from $2.84 billion to $690 million. (DL News)