TL;DR:
- The firms Hyperliquid Strategies and Hyperion DeFi accumulate combined unrealized profits exceeding 1.135 billion dollars.
- The company Strategy records paper losses of 12.8 billion dollars following Bitcoin’s drop to long-term lows of 59,100 dollars.
- Public treasuries dedicated to Ethereum and Solana absorb negative unrealized balances that individually exceed 1 billion dollars.
During the first half of 2026, corporations with digital asset reserves have experienced a sharp divide. Hyperliquid treasuries are currently positioned as the only ones recording unrealized gains in public markets, in a context where firms with strategies based on traditional crypto assets face multi-billion dollar losses.
