Bitcoin Giant Strategy Records $6 Billion Loss On Holdings As Market Rout Pauses BTC Buys
Michael Saylor’s business intelligence firm and corporate Bitcoin holder company Strategy (previously known as MicroStrategy) disclosed a nearly $6 billion loss on its BTC stash in the first quarter of 2025 as the global tariff war roils digital assets.
Moreover, the Nasdaq-listed company did not acquire any Bitcoin over the last week amid Bitcoin’s price slump.
Strategy Down $6 Billion on Its Bitcoin Bet in Q1 2025
Strategy is under pressure as its aggressive Bitcoin accumulation strategy faces a massive loss.
During the first quarter, Strategy purchased 80,715 BTC for $7.66 billion using proceeds from its at-the-market equity offering. While the Tysons, Virginia-based firm bought BTC for an average price of $95,000 in Q1, the price of the alpha crypto closed below $84,000 and dived 12%, as per CoinGlass data, marking its worst quarterly performance since 2018. The lethargic price performance extended Strategy’s unbooked losses for Q4 2024.
According to an April 7 filing, the company expects to report a net loss for the first quarter due to a $5.91 billion unrealized loss on its Bitcoin stash.
Notably, Strategy did not acquire any new BTC between March 31 and April 4 as it did not sell any class A common stock, MSTR, and STRK, its perpetual strike preferred offering, within that period.
The Bitcoin holding company holds over 528,000 BTC as of press time. Since it started buying Bitcoin in August 2020, Strategy has spent around $36 billion adding the largest crypto to its treasury at an average price of $67,458. Its Bitcoin stockpile, worth approximately $43 billion, represents nearly 3% of Bitcoin’s total supply of 21 million.
While Strategy halted Bitcoin buys last week, its co-founder and Executive Chairman, Michael Saylor, continued highlighting the crypto’s superiority on X.
“Bitcoin is most volatile because it is most useful,” Saylor postulated on April 3, shortly after BTC nosedived from the intra-week high of $87,100 on April 2 to sub-$82,000, following the tariffs announcement by US President Donald Trump.
“Today’s market reaction to tariffs is a reminder: inflation is just the tip of the iceberg,” Saylor noted in another X post. “Capital faces dilution from taxes, regulation, competition, obsolescence, and unforeseen events. Bitcoin offers resilience in a world full of hidden risks,” he continued.
Bitcoin is currently trading for $77,748, showing a 5.3% fall over the last day, according to crypto data provider CoinGecko. The crypto asset dropped below the psychological $80,000 level on April 6, a huge discount from the average BTC price of Strategy’s previous 22,048 BTC purchase for $1.9 billion announced on March 31.
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Strategy Reports $5.91B Unrealized Bitcoin Loss in Q1 2025
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Bitcoin Giant Strategy Records $6 Billion Loss On Holdings As Market Rout Pauses BTC Buys
Michael Saylor’s business intelligence firm and corporate Bitcoin holder company Strategy (previously known as MicroStrategy) disclosed a nearly $6 billion loss on its BTC stash in the first quarter of 2025 as the global tariff war roils digital assets.
Moreover, the Nasdaq-listed company did not acquire any Bitcoin over the last week amid Bitcoin’s price slump.
Strategy Down $6 Billion on Its Bitcoin Bet in Q1 2025
Strategy is under pressure as its aggressive Bitcoin accumulation strategy faces a massive loss.
During the first quarter, Strategy purchased 80,715 BTC for $7.66 billion using proceeds from its at-the-market equity offering. While the Tysons, Virginia-based firm bought BTC for an average price of $95,000 in Q1, the price of the alpha crypto closed below $84,000 and dived 12%, as per CoinGlass data, marking its worst quarterly performance since 2018. The lethargic price performance extended Strategy’s unbooked losses for Q4 2024.
According to an April 7 filing, the company expects to report a net loss for the first quarter due to a $5.91 billion unrealized loss on its Bitcoin stash.
Notably, Strategy did not acquire any new BTC between March 31 and April 4 as it did not sell any class A common stock, MSTR, and STRK, its perpetual strike preferred offering, within that period.
The Bitcoin holding company holds over 528,000 BTC as of press time. Since it started buying Bitcoin in August 2020, Strategy has spent around $36 billion adding the largest crypto to its treasury at an average price of $67,458. Its Bitcoin stockpile, worth approximately $43 billion, represents nearly 3% of Bitcoin’s total supply of 21 million.
While Strategy halted Bitcoin buys last week, its co-founder and Executive Chairman, Michael Saylor, continued highlighting the crypto’s superiority on X.
“Bitcoin is most volatile because it is most useful,” Saylor postulated on April 3, shortly after BTC nosedived from the intra-week high of $87,100 on April 2 to sub-$82,000, following the tariffs announcement by US President Donald Trump.
“Today’s market reaction to tariffs is a reminder: inflation is just the tip of the iceberg,” Saylor noted in another X post. “Capital faces dilution from taxes, regulation, competition, obsolescence, and unforeseen events. Bitcoin offers resilience in a world full of hidden risks,” he continued.
Bitcoin is currently trading for $77,748, showing a 5.3% fall over the last day, according to crypto data provider CoinGecko. The crypto asset dropped below the psychological $80,000 level on April 6, a huge discount from the average BTC price of Strategy’s previous 22,048 BTC purchase for $1.9 billion announced on March 31.
Read More
Strategy Reports $5.91B Unrealized Bitcoin Loss in Q1 2025