How Bitcoin Hype Left Retail Buyers $17 Billion Poorer

A recent 10X Research report has estimated that retail investors lost about $17 billion due to their exposure to Bitcoin treasury companies. The losses reflect a broader decline in investor enthusiasm for Digital Asset Treasury Companies (DATCOs). Firms such as MicroStrategy and Metaplanet have seen their stocks tumble in tandem with Bitcoin’s recent price slump. Bitcoin Treasury Firms Wiped Out $17 Billion in Retail Wealth According to the report, many investors turned to these DATCOs to gain indirect exposure to Bitcoin source: https://beincrypto.com/bitcoin-treasury-frenzy-ends-with-billions-in-retail-losses/