Michael Saylor's Strategy company, the largest holder of Bitcoin in its institutional vaults, is facing the biggest unrealized loss in its history as pressures mount on the crypto market.
According to The Kobeissi Letter, the company, formerly known as MicroStrategy, has incurred unrealized losses estimated at around $10.8 billion due to the drop in Bitcoin price, which means its strategy of stacking sats over the past six years is now recording a loss of about 17% of its total investment position.$BTC
BitcoinBounceBackAbove$61K
In contrast, the S&P 500 has surged by 116% during the same period, highlighting the performance gap between investing in Bitcoin and major U.S. stocks. BitcoinEtherSpotETF$4.4BOutflowsBitcoinEtherSpotETF$4.4BOutflows
Data also indicates that Strategy's sale of a limited number of Bitcoins at an average price of $77,135 per coin has resulted in a market cap loss for its positions estimated at around $11.8 billion, while the company's stock has plummeted by 77% compared to its all-time highs.
As of the latest update on June 1, 2026, the company holds 843,706 Bitcoins, with a total cost of approximately $63.867 billion, and an average purchase price of $75,699 per Bitcoin.
According to The Kobeissi Letter, the company, formerly known as MicroStrategy, has incurred unrealized losses estimated at around $10.8 billion due to the drop in Bitcoin price, which means its strategy of stacking sats over the past six years is now recording a loss of about 17% of its total investment position.$BTC
BitcoinBounceBackAbove$61K
In contrast, the S&P 500 has surged by 116% during the same period, highlighting the performance gap between investing in Bitcoin and major U.S. stocks. BitcoinEtherSpotETF$4.4BOutflowsBitcoinEtherSpotETF$4.4BOutflows
Data also indicates that Strategy's sale of a limited number of Bitcoins at an average price of $77,135 per coin has resulted in a market cap loss for its positions estimated at around $11.8 billion, while the company's stock has plummeted by 77% compared to its all-time highs.
As of the latest update on June 1, 2026, the company holds 843,706 Bitcoins, with a total cost of approximately $63.867 billion, and an average purchase price of $75,699 per Bitcoin.