As the overall cryptocurrency market declines, stocks of these "vault-type" digital asset companies continue to fall, with many dropping far more than the cryptocurrencies they hold. Artemis's data shows that the total market value of fully diluted shares of these Bitcoin vault companies has dropped from a recent peak of nearly $134 billion in early October to about $72 billion, a decrease of $62 billion, highlighting the ongoing disintegration of a once-hot cryptocurrency trading sector.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned