BUSINESSJun 5 · 04:00 UTCBLOOMBERGSuvashree Ghosh

Bitcoin Treasury Firms Shed $62 Billion in Deepening Crypto Rout

Bitcoin treasury firms have lost $62 billion amid a deepening crypto market downturn. The decline reflects broader turmoil in the cryptocurrency sector.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Bitcoin Treasury FirmsorganizationCrypto Routtopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

TECHNOLOGYMay 11 · 15:03 UTC
Tom Lee’s BitMine Slows Ethereum Buying Pace, Adding $62 Million in ETH
BUSINESSMay 13 · 10:29 UTC
Solana treasury firm Upexi posts $109 million quarterly net loss amid crypto markdowns
BUSINESSMay 18 · 11:20 UTC
Bitcoin Slides Under $77K as Crypto Liquidations Top $672M Amid Bond Sell-Off
BUSINESSJun 4 · 02:13 UTC
Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out
BUSINESSApr 28 · 12:20 UTC
Novogratz’s Galaxy Digital Posts Loss as Crypto Rout Lingers
BUSINESSJun 3 · 05:00 UTC
Bullish crypto bets lose $1.6 billion as ETH, SOL, DOGE drop 9%