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A public research center in Tenerife is preparing to sell a stash of Bitcoin it bought more than a decade ago — a holding that has grown from a modest experiment into a multi-million dollar pot. Related Reading: Robinhood’s Crypto Revenues Soar 300%, Smashing Wall Street Expectations Reports say the Institute of Technology and Renewable […]

The post Evernorth’s XRP Losses Signal Growing Pressures on Crypto Treasury Firms appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → Evernorth’s XRP investment has resulted in approximately $78 million in unrealized losses amid a month-long cryptocurrency market downturn, highlighting the vulnerabilities of digital asset treasury companies (DATs). This pressure stems from volatile prices affecting altcoins like XRP, impacting firms heavily exposed to such assets. Evernorth acquired significant XRP holdings just before a price drop, leading to substantial unrealized losses. Other DATs, like MicroStrategy, face share declines of over 26% in the past month due to Bitcoin’s retreat. BitMine reports nearly $2.1 billion in unrealized losses on Ethereum reserves, with 3.4 million ETH held, including 565,000 acquired recently. Discover how Evernorth’s XRP losses signal rising pressure on digital asset treasury companies amid crypto volatility. Explore DAT challenges and strategies for resilience. Stay informed on market impacts today. What Are Evernorth’s XRP Investment Losses and Their Impact? Evernorth’s XRP investment losses currently stand at around $78 million in unrealized terms, triggered by a sharp decline in XRP’s price following the company’s recent large-scale acquisitions. This situation underscores the risks for digital asset treasury companies (DATs) that allocate significant portions of their…