Solana Treasury Sells $12.5M SOL at a 54% Loss
Staking revenue did not offset losses on the underlying treasury, and stock issuance added another layer of balance-sheet risk.
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Staking revenue did not offset losses on the underlying treasury, and stock issuance added another layer of balance-sheet risk.
The sale is the first sizable disposition since MicroStrategy rebranded as Strategy and lands at roughly 20% below its average cost basis, a fact bitcoin treasury watchers will weigh against prior…
Five months of holding didn't save it: an ETH wallet that bought near the local top closed out at nearly half its cost basis, a textbook long-term-holder capitulation print.