4h atrás
Michael Saylor Says Strategy Faces No Liquidation Risk Even if Bitcoin Price Crashes to $1
On 1 February 2026, Michael Saylor said that Strategy would not be liquidated on its Bitcoin position even in an extreme scenario where BTC falls to $1. The company holds 712,647 BTC at an average purchase price of $76,038, leaving it about 1.8% above breakeven with Bitcoin trading near the upper $70,000 range. Its exposure is mainly backed by long-dated convertible debt rather than margin-based funding, which Saylor argues keeps forced-selling risk low despite the current market correction.
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BTC
BTC-5.15%
4h atrás
5h atrás
BitMine’s Ethereum Position Shows About $6 Billion Unrealized Loss as of 1 February 2026
On 1 February 2026, Tom Lee’s Ethereum-focused vehicle BitMine was estimated to be sitting on roughly $6 billion in unrealized losses from its more than 4 million ETH position. The firm’s average acquisition cost is around $3,800 per ETH, while the asset is trading near $2,300, reflecting about a 40% drawdown. Despite the pressure, BitMine continues to accumulate and stake Ethereum, with the position reportedly unencumbered by margin calls or forced liquidations.
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ETH
ETH-8.66%
5h atrás