Founder of LD Capital: Wall Street Will Eventually Figure Out the Crypto Market, Bitmine Is Currently Going Through a Period of Growing Pains

[Crypto World] Liquid Capital (formerly LD Capital) founder Yi Lihua recently shared a pretty interesting viewpoint—he said that the Wall Street crowd will definitely figure out how to play the crypto market in the end.

He specifically mentioned Bitmine’s current situation, saying the company is just like Strategy back in the day, now going through a painful transition period. But he’s also optimistic that beyond the treasury model, other approaches will emerge that can make crypto investing work in the capital markets.

The data really tells the story: Bitmine has amassed nearly 3.87 million ETH, worth over $12 billion, but is sitting on an unrealized loss of almost $3.1 billion. In comparison, Strategy is holding more than 660,000 BTC, worth close to $60 billion, with an average cost of $74,696 per BTC and now has over $10 billion in unrealized gains.

One is stubbornly holding on despite huge paper losses, while the other is making a killing on paper—quite a dramatic contrast. But at the end of the day, who can really predict market cycles?