[DAT check-in] 59 of 90 companies below Bitcoin cost basis; Strategy up 5.6%

More than half of the digital asset treasury (DAT) companies disclosing their average Bitcoin purchase price hold the asset at an unrealized loss. Returns vary widely depending on when companies accumulated their holdings. As of November 2 at 03:05 UTC, 174 listed companies held 1,312,578 BTC. The 90 companies with disclosed average purchase prices accounted for 81.7% of holdings, and 59 were underwater at Bitcoin’s price of $80,382. By holdings, however, only 11.8% was below cost basis, reflecting the unrealized gain at Strategy, the largest holder. Company | Country | BTC holdings | Average cost | Unrealized return Galaxy Digital Holdings Ltd | United States | 21,084 BTC | $62,031 | +29.6% Space Exploration Technologies Corp.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.