Data: As the cryptocurrency market downturn intensifies, Bitcoin reserve companies' market capitalization evaporates by $62 billion

Jinse Finance reported that on June 5, Bitcoin prices have declined this week, putting new pressure on one of the most ambitious financial experiments in recent years' cryptocurrency boom—publicly listed companies established specifically to hold and accumulate digital assets for investors. As the overall market continues to weaken, shares of dozens of Digital Asset Treasury Companies are also continuing to fall, in many cases experiencing greater declines than the cryptocurrencies they hold. According to Artemis data, the fully diluted market value of Bitcoin treasury company stocks has fallen from nearly 134 billion USD at the early-October peak to around 72 billion USD, evaporating approximately 62 billion USD in total. This data highlights that the once-hot investment narrative of "Bitcoin treasury companies" continues to cool down.