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Institutional Conviction Wavers as Bitcoin Slump Erases Billions in Unrealized Gains
The digital asset market reached a critical psychological inflection point on February 2, 2026, as institutional investors—once the steadfast bedrock of the 2025 rally—began to feel the acute “pinch” of a sustained price contraction. Bitcoin’s descent through the eighty-thousand-dollar mark to recent lows near seventy-eight-thousand dollars has not only triggered massive liquidations but has also pushed several major corporate treasuries into the “red.” Most notably, the Ethereum-focused treasury firm Bitmine Immersion Technologies reported staggering paper losses of approximately 6.6 billion dollars, ... (full story)
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