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The Nexus
BUSINESSJun 5 · 20:24 UTCTHE BLOCKKyle Baird

Hyperliquid treasuries stand alone in profit as legacy crypto DATs bleed billions

Hyperliquid treasuries are the only crypto treasury firms reporting profits as crypto prices decline, while entities like Strategy and Bitmine experience evaporating paper gains. Legacy crypto DATs are losing billions amid the market downturn.

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