Are Corporate Bitcoin Portfolios Failing? Why 77% of Institutional Holders Are Now “Underwater”

If you’ve been feeling the sting of the recent market volatility, you’re in elite (and very stressed) company. According to the latest on-chain data for March 2026, a staggering 77% of corporate Bitcoin holdings are now “underwater.” This means that the vast majority of companies that added BTC to their balance sheets are currently holding …

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