Has the BTC bull market really ended? Have we reached the liquidation price for major institutions? Here’s a chart to help everyone understand the cost basis and profit/loss situation of major players in micro strategies ($BTC/$ETH/$SOL). For example, mstr’s cost basis is $74,079 per BTC, with a total value exceeding $60 billion and unrealized gains of over $13.4 billion. Ethereum’s BMNR version of micro strategy has a cost basis of $4,020, currently showing unrealized losses of over $4.25 billion. Additionally, the SOL version of micro strategy, FORD, is facing significant losses. The cost basis for SOL is $232, with losses exceeding $630 million.