Michael Saylor’s firm is underwater as Bitcoin trades at $61,659 versus an average purchase price of $75,701, highlighting the mark-to-market pressure on large corporate treasury bets.
Strategy is sitting on an unrealized loss of more than $12 billion on its Bitcoin holdings, with the gap driven by Bitcoin trading at $61,659 against the firm’s average buy price of $75,701. The figures point to a sharp mark-to-market setback for Michael Saylor’s firm, whose balance sheet is closely tied to Bitcoin’s price swings. Because the loss is unrealized, it reflects the current value of the holdings relative to the purchase cost rather than a completed sale.