Bit Digital holds 158,462 ETH. It paid $450 million for them and they are worth $380 million today.


That is $70 million below cost, 15.6% down on the position.
Source: CoinGecko public treasury registry.
BTBT17.32%
ETH5.11%
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gogo10
· 2 hours ago
The bull market is in full swing 🐂
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FloorAlarm
· 7 hours ago
With a 158K ETH position, a 15% swing would have a significant impact on a public company’s financial statements. We’ll have to take a close look at how they explain this book impairment in next quarter’s earnings report.
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AltArtBuyer
· 7 hours ago
The unrealized loss looks scary, but institutions accumulate ETH for the long term—selling at a loss now would be the real loss.
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