Strategy’s Massive Bitcoin Holdings
Michael Saylor’s (formerly MicroStrategy) continues to be the largest corporate holder of Bitcoin, with roughly 712,647–713,502 BTC on its balance sheet, built up over years of aggressive accumulation.
Market Decline Triggers Unrealized Losses
As Bitcoin’s price recently dipped below $75,000–$76,000 the value of Strategy’s holdings briefly slipped under the company’s average purchase cost of around $76,037–$76,052 per $BTC . That pushed the position into unrealized losses of roughly $900 million to nearly $1 billion on paper.
Continued Accumulation Amid Volatility
Despite the downturn, Strategy has kept buying Bitcoin, adding thousands of coins even at higher prices, which increases the weighted average cost and contributes to short-term losses.
Stock Market Impact
The price slide has also weighed on Strategy’s MSTR stock, which has fallen with Bitcoin’s volatility, reflecting investor concern over the closely linked treasury strategy.
Long-Term Strategy Unchanged
Executive chairman Saylor remains committed to the long-term Bitcoin accumulation thesis, framing dips as opportunities and maintaining that these unrealized losses do not necessitate selling assets or trigger liquidation risk.
