SOL Treasury Group reported a total book loss exceeding $1.5 billion, with related companies' stock prices falling by 59%-80%.
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According to ME News, as of February 10th (UTC+8), US-listed companies publicly holding Solana (SOL) as an asset are facing book losses exceeding $1.5 billion. These companies collectively hold over 12 million SOL, representing approximately 2% of the total supply. Due to the market price decline, the share prices of these companies are significantly lower than the token's value, limiting their fundraising capabilities. CoinGecko data shows that Forward Industries, Sharps Technology, DeFi Development Corp, and Upexi have book losses exceeding $1.4 billion. Forward Industries alone holds 6.9 million SOL at an average cost of approximately $230, resulting in a book loss exceeding $1 billion. (Source: ME)
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