🚨 BREAKING: Strategy Sits on ~$2 BILLION Unrealized Bitcoin Losses
As Bitcoin prices continue to slide, Michael Saylor’s Strategy — the world’s biggest corporate
$BTC holder — is now facing one of the largest unrealized paper losses of its history.
According to recent filings and on-chain data, with Bitcoin dipping below its average purchase cost, the value of Strategy’s ~713,000
$BTC treasury has fallen significantly, pushing unrealized losses into the multi-billion dollar zone for the first time in this cycle.
📉 What’s Driving the Loss
• BTC price has slipped below key levels near $75,000, hitting Strategy hard versus its cost basis.
• Recent purchases made at higher prices have pulled the average cost up, increasing the size of paper losses.
• Despite this, Strategy has not sold any Bitcoin and continues to hold for the long term.
🧠 What This Means
Unrealized losses ≠ bankruptcies.
This is paper pain, not realized losses — meaning Strategy hasn’t sold at a loss. Many crypto investors and institutions also ride out volatility without selling during drawdowns.
But:
👉 It adds pressure on the stock price since MSTR trades like a BTC proxy and reacts to BTC price swings.
👉 It fuels debates on treasury vs trading risk — is holding BTC on the balance sheet brave… or reckless?
🔥 Community Take
Bears say: “This is proof BTC isn’t a safe reserve.”
Bulls say: “Volatility is part of the game — Strategy is positioned for the long haul.”
Degens say: “When Saylor bleeds, markets bleed… but only until liquidity returns.” 😎
📌 Bottom Line
Strategy’s large BTC stack just turned big paper profit into big paper loss — but no BTC has been sold.
This is a volatility milestone, not a liquidation event — one that highlights how corporate BTC strategies are tested when markets get choppy.
#Bitcoin #BTC #Strategy #MSTR #MichaelSaylor $BTC