# Crypto treasury firms holding BTC, ETH, and XRP are seeing unrealized losses in their portfolio.

*fintech · news · 2025-11-08 · CoinGape*

## Key points

- Evernorth incurred $78 million in unrealized losses after investing $947 million in XRP just weeks prior.
- BitMine added 442,000 ETH to reserves post-crash but still faces $2.1 billion in paper losses.
- Japan’s Metaplanet holds $120 million in unrealized losses, with its stock down 80% from its peak.
- Experts reveal that many digital asset treasury projects were structured for insider exits, raising market selling pressure.

**Companies:** Evernorth, Metaplanet, CryptoQuant, BitMine, Strategy
**Countries:** Japan

[Read the full story on CoinGape](https://coingape.com/btc-eth-xrp-treasury-firms-hit-hard-amid-crypto-crash-will-wall-street-hold-or-sell/)

---

Canonical: https://newsio.io/n/7b2d1769-8b98-4639-800d-e81eb94d97f9/crypto-treasury-firms-holding-btc-eth-and-xrp-are-seeing-unrealized-losses-in-th
Summarized by Newsio from CoinGape. https://newsio.io/how-it-works