Strategy faces $3.8 billion loss as Bitcoin sinks under $71K on Saylor’s birthday
Strategy, the world's largest crypto
treasury firm, has seen unrealized losses on its Bitcoin holdings reach
$3.8 billion amid a sharp market downturn that drove the crypto asset
below $71,000.
The recent sell-off, falling
on Michael Saylor's birthday, sparked $777 million in liquidations in 24
hours, largely from long bets.
Bitcoin has
declined roughly 19% so far this year and now trades at levels last seen
around the 2024 election, TradingView data shows.
Strategy holds 713,502 BTC acquired for approximately $54.3 billion at an average price of around $76,000 per coin.
MSTR
shares are also under pressure, closing Wednesday down 3% at $129 and
slipping further in after-hours trading. The stock has dropped over 70%
since its July 2025 peak and 15% so far in 2026.