Strategy Sees Its Largest Ever Unrealized Loss at Over $10 Billion
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The largest corporate holder of Bitcoin recorded the biggest unrealized loss on its BTC holdings of over $10 billion, a 17% decline in its position after years of accumulation. The loss comes amid a broader crypto market downturn as Bitcoin crashed to around $61,000, down about 28% year-to-date and at its weakest level since February, triggering over $1.6 billion in liquidations.
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Strategy, the largest corporate holder of Bitcoin, recorded the largest unrealized loss on its BTC holdings of over $10 billion in paper value. This reflects a 17% decline in the value of its position after years of steady accumulation.
The loss comes amid a broader market downturn as Bitcoin crashed to around $61,000 today. The apex coin is now down about 28% year-to-date, marking its weakest level since February.
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