Retail investors lost about $17 billion by attempting to invest in bitcoin indirectly through asset management firms.
According to Jinse Finance, citing Bloomberg, retail investors have lost about 1.7 billions USD by indirectly investing in bitcoin through fund management companies such as Metaplanet and Michael Saylor's Strategy. 10X Research stated that these losses stem from excessively high equity premiums, causing share prices to be much higher than the actual bitcoin holdings.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bernstein Downgrades Nvidia Rating and Target Price
Google (GOOGL.US) DeepMind launches AlphaGenome 2: Capable of decoding DNA cells with nearly double the mutation identification capacity
Google DeepMind has released its AI model AlphaGenome 2, which is trained on maps of over 100 millions of cells and has nearly double the ability of its predecessor in identifying gene expression variations.
The White House did not intervene in the decision-making of Nvidia's board of directors.
Crypto prices
More
