Bitcoin24h $74,003.24+0.64%

Ethereum24h $2,028.53+0.58%

BNB24h $726.44+12.30%

XRP24h $1.34-1.49%

Solana24h $83.04+0.43%

TRON24h $0.3464+0.64%

Hyperliquid24h $69.11+5.36%

Dogecoin24h $0.1009+0.37%

UNUS SED LEO24h $10.08+0.54%

Zcash24h $542.52+1.40%

Top crypto execs cash in as stocks collapse

Compensation to executives of crypto companies has remained high, no matter how poorly their stock prices perform.

Tom Lee’s BitMine is performing as bad as Strategy

Shares of the world’s largest publicly traded ETH treasury company, BitMine Immersion Technologies, have crashed by over 80% since June 3.

Jim Chanos profited by shorting the premium of MSTR to its BTC, but he missed out on the final, exceptionally profitable leg of that trade.

The central bank of Norway has paid the price for investing in Michael Saylor’s BTC treasury company, Strategy.

The Swiss National Bank is reportedly increasing its “indirect” exposure to BTC through BTC-related stocks.