The market value of the top 20 DAT companies has shrunk by a total of 17 billion dollars, with Bitmine accounting for over 40%

According to TheDefiant, as the cryptocurrency market continues to decline (with BTC and ETH falling below $73,000 and $2,100 respectively), the cumulative market value of the 20 largest DATs has shrunk by $17 billion.

Among them, Tom Lee's Bitmine Immersion accounts for nearly 44% of this figure, with unrealized losses on its ETH holdings reaching as high as $7.5 billion, with an average purchase price of $3,900.

Michael Saylor's Strategy follows closely behind; although the trading price of Bitcoin is only 2.8% lower than its average acquisition price of $76,000, the company has still incurred a loss of $2.2 billion.