$BTC BTCBelow80K

Public companies are struggling with increasing losses stemming from Bitcoin BTCUSD reserve strategies as the value of the cryptocurrency declines.

This situation has reignited discussions among companies about the risks of their digital currency investments with BTC falling below $80,000.

Are Bitcoin Reserve Strategies Backfiring for Companies?

The week started on a pessimistic note for the cryptocurrency market, with many referring to it as "Black Monday." According to BeInCrypto data, Bitcoin experienced a sharp decline of 9.6% in the last 24 hours, falling to $75,089 at the time of writing.

Liquidation figures are equally shocking. According to Coinglass data, Bitcoin experienced the highest liquidations during the same time period, totaling $474 million. Of this, $405.7 million came from long position liquidations, while $68.2 million came from short position liquidations.

Notably, companies holding Bitcoin reserves were not affected by the recent market crash. Many now face significant unrealized losses due to Bitcoin's sharp decline.