CoastFire Headquarters

🚨 BREAKING: 🇺🇸 The ongoing crypto market selloff has pushed major institutional positions deep into unrealized losses.

Michael Saylor’s Strategy is now sitting on approximately $12.7 billion in unrealized losses across its 843,706 BTC holdings, while Tom Lee’s Bitmine faces roughly $10.2 billion in unrealized losses on 5,416,901 ETH.

The market downturn is putting long-term conviction to the ultimate test. 📉😳🥶🤯

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