Wu Blockchain (@WuBlockchain): According to Bloomberg, a new report from 10X Research shows that retail investors have lost an estimated $17 billion while trying to gain indirect Bi…
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- BTC-30Negative
According to Bloomberg, a new report from 10X Research shows that retail investors have lost an estimated $17 billion while trying to gain indirect Bitcoin exposure through digital asset treasury firms such as Metaplanet and Michael Saylor’s Strategy. The losses stem mainly from excessive equity premiums, which allowed these companies to issue shares at valuations far above their actual crypto holdings. https://t.co/AD8BVTomaM