Corporate Bitcoin treasuries lost over $4 billion due to US tariff hike

From Cointelegraph

April 7, 2025 5:35 PM:

Corporate Bitcoin treasuries lost over $4 billion in value due to President Trump’s tariffs, dropping to $54.5 billion. The Bitwise Bitcoin Standard Corporations ETF declined by 13%. Strategy, a Bitcoin hedge fund, also saw losses. Despite this, adding Bitcoin to treasuries may hedge against fiscal deficits and geopolitical risks, Fidelity Digital Assets suggests.

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