NewsHK
Slumping $BTC prices made the earnings risk embedded in single-asset treasury models concrete in the second quarter.
Strategy, the Bitcoin treasury company, reported an $8.2 billion loss for the period as unrealized declines on its holdings flowed directly into its income statement.
The result is a sector-wide read-through: a corporate balance sheet built around a volatile asset is an amplified position on the price cycle.
How unrealized losses move through income Unrealized losses reflect an accounting entry.
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