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857 Too big to fail: Strategy’s $13 billion bitcoin paper loss alone dwarfs hundreds of prominent tokens

CoinDesk
Omkar Godbole @ CoinDesk · 06/26/2026 02:37 EDT

Too big to fail: Strategy’s $13 billion bitcoin paper loss alone dwarfs hundreds of prominent tokens

Strategy’s paper loss exceeds the market caps of hundreds of tokens, highlighting the extreme concentration of risk in the crypto market right now.

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