Major corporate crypto holders face significant unrealized losses

All publicly traded companies with significant digital asset treasuries (DATs) are currently facing unrealized losses on their holdings, according to data from CryptoRank as of Feb. 11. Strategy has seen an unrealized loss of approximately $6 billion, with Bitcoin trading 12% below its average purchase price. Meanwhile, Bitmine is facing an $8 billion unrealized loss as Ethereum has fallen 49% from its entry point. Other notable companies with unrealized losses include: - Evernos (XRP): -$490 million - Forward Industry (SOL): -$1 billion - Ton Strategy (TON): -$430 million - Alt Sigma (WLFI): -$800 million