BEARISH 📉 : Strategy’s Bitcoin holdings show $6 billion unrealized loss

Michael Saylor continues to advocate for Bitcoin as a hedge against the decline of fiat money, with his firm showing consistent buying behavior despite current market values.

Strategy’s Bitcoin Holdings

Strategy holds 714,644 BTC at an average cost of $76,056 per coin.
The firm recently purchased an additional 1,142 BTC at approximately $78,815 each, totaling around $90 million.
Current trading levels near $68,000 reflect an estimated unrealized loss of about $6 billion, with a book value over $54 billion.

Strategy represents nearly two-thirds of the 1.13 million BTC held by public companies.

Investment Strategy

Strategy follows a long-term plan that includes increasing Bitcoin per share by 2032.
The firm’s approach is to buy on dips and hold, avoiding any sales.

The company's heavy investment in Bitcoin influences other large investors but also raises concerns about market stability if Strategy shifts its stance.

Market Impact and Criticism

In January, Strategy accounted for over 90% of net new corporate Bitcoin purchases.
Critics highlight potential governance issues and balance sheet risks associated with holding such a volatile asset.
Supporters argue that long-term Bitcoin holdings can protect against currency erosion, aligning with Saylor's thesis that losses are temporary if Bitcoin's value case remains intact.