Strategy’s Bitcoin holdings, valued at about $63.58 billion, have fallen roughly $500 million below the total acquisition cost of its 849,327 BTC. After Bitcoin fell to around $74,863 on Coinbase, the assets dropped below Strategy’s average purchase price of $75,451 per coin. The company, renamed from MicroStrategy in 2025, had already reported a $12.6 billion net loss in the fourth quarter of 2025. Despite the unrealized loss, its Bitcoin is unencumbered and the company holds around $4.79 billion in US dollar reserves, limiting immediate liquidity concerns. A further Bitcoin decline could increase reported losses and make Bitcoin sales to fund preferred stock dividends more costly.
Source: Read the original article


