#BinanceEarnYieldArena Corporate treasuries of BTC fell more than 4 billion dollars due to the impact of U.S. tariffs.
Corporate Bitcoin holdings have decreased to nearly 54.5 billion dollars, down from almost 59 billion on April 2.
Corporate treasuries of BTC fell more than 4 billion dollars due to the impact of U.S. tariffs.
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The corporate treasuries of Bitcoin
BTC
72,372 €
collectively lost over 4 billion dollars in value after U.S. President Donald Trump's tariffs triggered a massive sell-off in global markets, according to data.
As of April 7, corporate holdings of Bitcoin are valued at approximately 54.5 billion dollars in total, a decrease from the approximately 59 billion dollars prior to April 2, according to data from BitcoinTreasuries.net.
The volatility of the cryptocurrency has also affected the stock prices of publicly traded Bitcoin holders.
The Bitwise Bitcoin Standard Corporations ETF (OWNB), an exchange-traded fund (ETF) that tracks a diversified basket of corporate Bitcoin holders, has lost more than 13% since Trump announced massive import tariffs in the U.S. on April 2, according to Yahoo Finance.
Even the shares of Strategy, the de facto Bitcoin hedge fund founded by Michael Saylor that pioneered corporate Bitcoin purchases, have fallen, recording losses of more than 13% since April 2, according to data from Google Finance.
The losses highlight ongoing concerns about the growing popularity of Bitcoin as a corporate treasury asset. Historically, corporate treasuries hold very low-risk assets such as U.S. Treasury Bonds.