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Treasury Risk

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Strategy’s $13 Billion Bitcoin Paper Loss Dwarfs Dozens of Tokens
NEWSJUN 26, 2026
Strategy’s $13 Billion Bitcoin Paper Loss Dwarfs Dozens of Tokens
Strategy’s unrealized Bitcoin loss has swelled past $13 billion, a figure larger than the market caps of hundreds of crypto assets. The imbalance has renewed debate over concentration risk, corporate treasury strategy and the opportunity cost of holding a single asset.
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