Saylor’s Strategy sees over $9B loss as Bitcoin drops toward $63K
Strategy, the largest corporate Bitcoin holder, faces over $9 billion in unrealized losses as Bitcoin dropped near $63,000.Summary
Strategy, the largest corporate holder of Bitcoin, is experiencing unrealized losses exceeding $9 billion as the leading cryptocurrency fell below $74,000 amid a broader market selloff, hitting a low of $62,858 on Tuesday. The firm holds 717,722 BTC, purchased for about $54.5 billion at an average cost of $76,000 per coin, meaning its portfolio value has dropped to around $45 billion. This downturn follows market risk-off sentiment triggered by President Trump's tariff announcement. Despite the significant drawdown, which marks Bitcoin's steepest monthly drop since June 2022, Executive Chairman Michael Saylor has shown no intention to liquidate holdings, recently completing another purchase funded by stock sales. Strategy's shares have also declined nearly 20% year-to-date.
(Source：Crypto Briefing)