🚨 $MSTR Hit Hard: $5B Wiped Out in a Single Day

Strategy ($MSTR) plunged 12% today, erasing nearly $5 billion in market value as pressure across risk assets intensifies.

📉 The damage so far:

$MSTR is now down 79% from its all-time high

Its massive $BTC treasury position is sitting on roughly $6.2 billion in unrealized losses

Michael Saylor’s high-conviction Bitcoin strategy remains one of the most aggressive corporate bets in market history — but leverage cuts both ways.

🔍 Why this matters

$MSTR acts as a leveraged proxy for Bitcoin

When $BTC falls, $MSTR typically amplifies the move

Prolonged downside increases pressure from debt servicing, sentiment, and volatility

This doesn’t mean forced selling — but it highlights how macro drawdowns hit balance-sheet-driven strategies hardest.

👀 Key levels to watch

$BTC support behavior

$MSTR debt coverage ratios

Market reaction if BTC revisits lower cycle zones

High conviction meets high volatility.

#MSTR #Bitcoin #BTC #CryptoStocks #MarketRisk #BinanceSquare