[10X Research: Retail Investors in Digital Asset Treasury Companies Have Lost $17 Billion] According to a report by Bloomberg, Singapore-based cryptocurrency research firm 10X Research released a report indicating that retail investors who purchased stocks of digital asset treasury companies have incurred losses amounting to $17 billion. Analysts pointed out that U.S.-listed companies that choose small-cap tokens as treasury reserves may expose retail investors buying their stocks to risks if market sentiment shifts. Bloomberg provided the following examples in the report: 1. Tharimmune raised $545 million to establish the Canton Coins treasury, pricing the Canton token at $0.20 during the fundraising, but the current market price of the token is $0.11; 2. Alt5 Sigma raised $1.5 billion to establish the WLFI treasury, pricing the WLFI token at $0.20 during the fundraising, but the current market price of the token is $0.14; 3. Flora Growth raised $401 million to establish the 0G treasury, pricing the 0G token at $3 during the fundraising, but the current market price of the token is $1.20.