While warnings of entering the crypto market continue, the data indicates that the five largest large companies are investing in the crypto market. Cryptocurrency It has lost more than $9.6 billion due to the violent downturns that are chasingBitcoin“Since it reached nearly $69,000 in mid-November and is now at $197.17.
According to statistics prepared by “The Independent Arabia”, the five largest companies investing in digital currencies own regarding 195,743 units of “Bitcoin”. 71.4 percent, losing regarding $9.647 billion.
The value of the five companies’ investments in the cryptocurrency market fell from $13.506 billion in November to regarding $3.859 billion at present.
$9.6 billion losses
At the forefront of the losing companies was Microstrategy, which owns regarding 129,218 bitcoin units, and the data indicates that the company’s investments fell from $8.916 billion in November to regarding $2.547 billion currently, recording losses of regarding $6.369 billion.
In second place is Tesla, the electric car giant, which owns regarding 43,200 bitcoin units. According to the data, the value of Tesla’s investments fell from $2.980 billion last November to regarding $0.851 billion at the present time, recording losses of $2.219 billion.
Tesla’s entry into the cryptocurrency market began in February of last year when it announced its purchase of $1.5 billion in Bitcoin. Bitcoin as a payment method for its products, and data showed that cryptocurrency sales had a positive effect of $101 million on Tesla’s profitability during the first quarter of 2021.
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In third place came Marathon Digital Holding, which owns regarding 10,055 Bitcoin units. The data indicates that the value of the company’s investments in the cryptocurrency market decreased from $693.7 million last November to regarding $198.7 million currently, recording losses of $495.5 million.
As for the “Block” company, which came in fourth place, it owns regarding 8,027 “Bitcoin” units, and since November’s trading until today’s trading, the company lost regarding $395.6 million, as the value of its investments in the “crypto” market declined from the level of $553.8 million in November to regarding Currently $158.2 million.
In fifth place is Bitfarms, which owns regarding 5,243 Bitcoin units, and the company incurred losses during the period from November to today by regarding $258.4 million, following the market value of its investments in Bitcoin dropped from the level of $361.7 million to regarding $103.3 million currently. .
Cryptocurrency crash
On the level of recent trades and during the past hours, “Bitcoin” rose by 0.3 percent once morest weekly losses of 7.8 percent, to be trading today at the level of 197.17 dollars, and its combined market value fell to the level of 380 billion dollars, acquiring regarding 39.54 percent of the total market value. The digital currencies that are currently being traded.
The “Ethereum” currency, which ranked second in the list of the largest cryptocurrencies by market value, recorded losses during the past hours by three percent, compared to weekly losses of 17.4%, to be traded today at the level of 142.9 dollars, and its combined market value fell to the level of $175 billion, with a market share of 18.06 percent.
The “Tezer” currency came in third place following its price stabilized at the level of one dollar, and its total market value recorded a level of 67.9 billion dollars, with a market share of 7.06 percent.
And the “USD” currency came in fourth place following its price stabilized at the level of one dollar, and its total market value remained at the level of 50.2 billion dollars, acquiring a market share of 5.22 percent.
BNP, which ranked fifth among the largest cryptocurrencies by market value, recorded a gain of 0.8% during the past hours, compared to a weekly loss of 6.6%, and its combined market value fell to the level of 44.58 billion dollars, accounting for this figure. It has a market share of 4.63 percent.
