Tag: underwater

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Nearly half of all circulating bitcoin is underwater as long-term holders sell at a loss

Nearly half of all bitcoin BTC$66,704.53 in circulation is now worth less than it was bought for, according to data from the Bitcoin Impact...

Underwater Data Center Project Aboard Offshore Wind Turbine

San Francisco-based Aikido Technologies has revealed plans to host data centers inside its offshore wind turbines.Under the proposal, data center infrastructure would be housed...

Strategy’s 717,131 BTC Stash Underwater as Bitcoin Struggles Below $69,000

Bitcoin navigated an uneasy range between $67,000 and $69,000 as extreme market fear weighed on sentiment. Despite briefly reclaiming the $69,000 level, the price...

Bitcoin ETF Investors Underwater After $2.8B Outflow Wave

Bitcoin is trading below the average cost basis of US spot Bitcoin ETFs after they recorded their second and third-biggest outflow weeks last month,...

Michael Saylor’s bitcoin stack is officially underwater, but here’s why he likely won’t reach for the panic button

Bitcoin's dip to around $75,500 briefly pushed the price just below Strategy’s (MSTR) average purchase cost of roughly $76,037 per coin.That may sound alarming...