MicroStrategy IncorporatedMSTR
▼ NegativeCapitalrelevance
Strategy faces over $13B unrealized losses on bitcoin holdings, and its stock has fallen 81% from its high.

Strategy is sitting on more than $13 billion in mark-to-market unrealized losses on its bitcoin holdings as the cryptocurrency slides below $60,000. The company owns roughly 844,000 BTC acquired at an average price of about $75,600 per bitcoin, and the paper loss now exceeds the entire market capitalization of Dogecoin. Strategy's share price has tumbled more than 81% from its July 2025 high of $457.22 to its lowest level in 28 months, reigniting criticism from Peter Schiff, who argued the stock could soon trade at a 40% discount to its bitcoin per share.
MicroStrategy IncorporatedStrategy faces over $13B unrealized losses on bitcoin holdings, and its stock has fallen 81% from its high.