# Loss Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Loss", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Can Saylor’s Strategy ride out Bitcoin’s slide as losses cross $900mln?

Michael Saylor's Bitcoin strategy faces a significant test as Bitcoin's price decline below $75,000 pushes his company, MicroStrategy (MSTR), into an unrealized loss of over $900 million on its 712,647 BTC holdings, acquired at an average of $76,037 per coin. This downturn is attributed to geopolitical instability, shifting U.S. Fed policy under new Chair Kevin Warsh, and massive outflows from Spot Bitcoin ETFs. Despite this, MSTR's stock rose 4.55%, indicating investor confidence in Saylor's leadership and the company's core business. Saylor reaffirmed his commitment, emphasizing direct Bitcoin ownership and hinting at further buying opportunities during the volatility.

ambcrypto02/03 02:01

Can Saylor’s Strategy ride out Bitcoin’s slide as losses cross $900mln?

ambcrypto02/03 02:01

Bitcoin trades below ETF cost basis as profitable supply falls to cycle lows

Bitcoin is trading below the average cost basis of U.S. spot ETF investors, estimated above $84,000, following significant weekly outflows. This has pushed many institutional and on-chain holders into unrealized losses. The supply of Bitcoin held in profit has dropped sharply to 11–12 million BTC, nearing cycle lows, down from 19–20 million BTC in August. The market shows signs of profit exhaustion, with reduced liquidity and muted rebound attempts. Recovery may depend on either reclaiming the ETF cost basis or a prolonged consolidation phase to rebuild profitability.

ambcrypto02/02 17:24

Bitcoin trades below ETF cost basis as profitable supply falls to cycle lows

ambcrypto02/02 17:24

Who Struck Step Finance? Treasury Breach Nets $27 Million

Step Finance, a Solana analytics platform, suffered a major treasury breach on January 31, 2026, resulting in the loss of 261,854 SOL (worth approximately $27–30 million). The stolen funds were unstaked and moved off-platform, triggering an 80% crash in the platform’s governance token. Security teams and external firms are investigating the attack, which may have involved stolen private keys or a staking exploit. Step Finance has taken emergency measures to secure remaining funds, restricted treasury access, and is cooperating with authorities. The incident caused significant market panic, and recovery efforts are underway, though the full technical details remain unclear.

bitcoinist02/02 10:31

Who Struck Step Finance? Treasury Breach Nets $27 Million

bitcoinist02/02 10:31

CrossCurve Bridge Exploit Drains About $3M, Rekindling Cross-Chain Risk

Cross-chain liquidity protocol CrossCurve suffered an exploit on February 2, with estimated losses around $3 million across multiple networks. The attack involved a spoofed cross-chain message that bypassed validation, allowing the attacker to trigger unauthorized token unlocks on the destination chain. The protocol urged users to pause interactions and launched an investigation. CEO Boris Povar later published ten Ethereum addresses linked to the stolen funds, offering a 10% bounty for their return within 72 hours and threatening legal action. The incident highlights persistent vulnerabilities in cross-chain bridges, where security often conflicts with user demand for speed. Verification failures and assumptions in smart contract logic remain critical risks, as a single flaw can lead to multi-network exploits.

ccn.com02/02 09:33

CrossCurve Bridge Exploit Drains About $3M, Rekindling Cross-Chain Risk

ccn.com02/02 09:33

Crypto Scams and Hacks Surge to $370M in January: CertiK

In January, cryptocurrency scams and hacks surged to $370.3 million, marking the highest monthly loss in 11 months and a fourfold increase from January of the previous year. The majority of the stolen funds came from a single social engineering scam that resulted in a $284 million loss. Phishing attacks accounted for over $311.3 million of the total. The month's largest incidents included a $28.9 million hack on Step Finance, a $26.4 million exploit of the Truebit protocol due to a smart contract bug, and a $13.3 million attack on SwapNet. Overall, 16 major hacks were recorded, causing $86.01 million in losses—a slight decrease from the previous year but a 13% rise from December. The figures represent a 214% increase from December's losses and highlight a significant escalation in crypto security breaches.

TheNewsCrypto02/02 08:13

Crypto Scams and Hacks Surge to $370M in January: CertiK

TheNewsCrypto02/02 08:13

CrossCurve Bridge Exploit Exposes $3 Million Loss in Cross-Chain Security Breach

CrossCurve, a cross-chain liquidity and bridge protocol, suffered a security breach resulting in approximately $3 million in losses. The exploit was caused by a missing security check in its smart contract, allowing attackers to send fake but valid-looking messages and drain tokens. The incident resembles the 2022 Nomad bridge hack and highlights that even protocols with multiple validation systems (like Axelar and LayerZero) remain vulnerable to single coding errors. CrossCurve and its backer, Curve Finance founder Michael Egorov, advise users to pause all interactions with the protocol, review exposures to CrossCurve-related pools, and await official updates.

TheNewsCrypto02/02 07:52

CrossCurve Bridge Exploit Exposes $3 Million Loss in Cross-Chain Security Breach

TheNewsCrypto02/02 07:52

Bitcoin Continues to Plunge, Whether MSTR Is Forced to Sell Becomes Focus

Bitcoin is undergoing a severe stress test as its price continues to decline, falling below key psychological levels and approaching the cost basis of major institutional holders like MicroStrategy. The drop has intensified concerns over liquidity and potential forced selling. MicroStrategy’s Executive Chairman Michael Saylor signaled intentions to continue accumulating Bitcoin, even as the company raised the dividend on its perpetual preferred shares to attract capital. However, high financing costs could strain cash flow if Bitcoin remains near or below its breakeven level. Analyst Jim Bianco highlights that the market is facing a “narrative exhaustion.” Around 10% of Bitcoin’s circulating supply is held by ETFs and MicroStrategy, with an average entry price of approximately $85,360. These positions are now at a collective unrealized loss of roughly $8,000 per Bitcoin, totaling about $7 billion. Bitcoin ETFs have seen net outflows for 10 consecutive days, reflecting weakening demand from earlier high-entry investors. MicroStrategy, though still marginally profitable, faces thinning buffers. Its aggressive funding strategy—offering high-yield preferred shares—underscores both its commitment and financial vulnerability. The broader concern is the lack of new catalysts. The “institutional adoption” narrative has largely played out, and without fresh demand drivers, the current high concentration of underwater institutional holdings could turn into a source of persistent selling pressure.

华尔街日报02/02 00:20

Bitcoin Continues to Plunge, Whether MSTR Is Forced to Sell Becomes Focus

华尔街日报02/02 00:20

Ethereum slides to $2,300 – $1.16B liquidations trigger whale buying

Ethereum's price declined sharply to around $2,300, triggering over $1.16 billion in liquidations. Despite the bearish sentiment and a total of $2.59 billion in market-wide losses, some large investors viewed the drop as a buying opportunity. Two whale wallets, "7 Siblings" and "0xB7," accumulated over $57 million worth of ETH during the downturn. However, not all major holders fared well; BitMine's Ethereum treasury is sitting on an estimated $6 billion unrealized loss, and another whale, "HyperUnit," exited its position with a $250 million loss. On-chain indicators like the Money Flow Index and Chaikin Money Flow remain in bearish territory, suggesting continued selling pressure and the possibility of further downside toward $2,000.

ambcrypto02/01 18:02

Ethereum slides to $2,300 – $1.16B liquidations trigger whale buying

ambcrypto02/01 18:02

U.S. spot Bitcoin ETF holders face 8.5% loss: Is BTC in trouble?

U.S. spot Bitcoin ETF holders are facing an average loss of 8.5%, as BTC's price fell to $82.3K, below the average ETF purchase price of $90.2K since 2024. Despite the downturn, historical patterns suggest a potential rebound if BTC defends the key support level of $84.5K—the combined average purchase price for Strategy and spot ETFs. This level is critical; falling below it could signal a deeper market decline. However, recovery depends on ETF inflows turning positive again. Market stability may also be influenced by the upcoming announcement of the new Federal Reserve chair, adding to mid-term uncertainty.

ambcrypto01/30 12:03

U.S. spot Bitcoin ETF holders face 8.5% loss: Is BTC in trouble?

ambcrypto01/30 12:03

Metaplanet Lifts 2026 Outlook Despite $680M BTC Write-Down

Metaplanet, a Japanese-listed company operating a bitcoin treasury, has lifted its 2025 and 2026 financial outlook despite projecting significant accounting losses due to bitcoin impairment. The firm raised its 2025 revenue guidance to approximately $58 million and operating income to around $40 million, driven by strong performance in its Bitcoin income generation segment. However, it expects an ordinary loss of $632 million and a net loss of $491 million for 2025, primarily due to a non-cash bitcoin impairment charge of $680–700 million. This write-down reflects accounting rules and does not impact cash flow. Metaplanet substantially increased its bitcoin holdings from 1,762 BTC at the end of 2024 to 35,102 BTC by the end of 2025, reinforcing its identity as a Bitcoin treasury vehicle. The company also reported a 568% increase in BTC yield per diluted share, highlighting growing Bitcoin exposure for shareholders. Looking ahead to 2026, Metaplanet forecasts revenue of $103 million and operating income of $73 million, mostly from Bitcoin-related activities. It maintains transparency by publishing daily updates on its BTC holdings and unrealized gains or losses, positioning itself as a leveraged investment vehicle for Bitcoin’s long-term growth.

TheNewsCrypto01/26 12:16

Metaplanet Lifts 2026 Outlook Despite $680M BTC Write-Down