Strategy's sinking stock puts the policy of 'don't ever sell your bitcoin' to the test - MarketWatch# Strategy's sinking stock puts the policy of 'don't ever sell your bitcoin' to the test## The value of Strategy's bitcoin holdings is now below the company's market cap, which the company's CEO has said could lead to bitcoin salesPublished: Feb. 5, 2026 at 12:05 p.m. ETShareResizeBitcoin's selloff means Strategy is now losing money on its holdings, which it has been accumulating for nearly six years. Photo: ...

Strategy (MSTR), the world’s largest publicly traded corporate holder of bitcoin (BTC), is seeing a quick rise in losses on its vast holdings. The company currently owns 713,502 BTC at an average acquisition price of $76,052. With spot bitcoin trading near $67,000, this represents an unrealized loss of almost $6.5 billion, or roughly 12% relative to that average cost basis. Read more: Michael Saylor’s bitcoin stack is officially underwater, but here’s why he likely won't reach for the panic button MSTR ...

The MSTR stock is often described as a leveraged Bitcoin proxy due to its recursive strategy of issuing common stock, preferred stock and convertible bonds to acquire more BTC as its price rises. As of this writing, it carries a total debt of $8.24 billion.Notably, Strategy acquired 855 BTC at an average price of $87,974 last week, funded entirely through selling Class A shares. Cramer questioned whether Saylor had enough capital left to defend the sell-off.The “Mad Money” host has been in overdrive amid a ...

Bitcoin Price Dive Puts Strategy Under Water, Facing Do-Or-Die Choice | Investor's Business DailyBREAKING: [Futures Fall, Bitcoin Dives; Google Tumbles]---The bitcoin price fell sharply on Thursday, further undercutting the average $76,052 price that Strategy (MSTR) has paid for its stash of the cryptocurrency. That left Strategy's bitcoin hoard worth almost $50 billion, though down from the $54.3 billion it paid, and the company has an extra $2.25 billion in cash. Despite Strategy's vast resources, the dow ...

Key Takeaways Strategy’s leveraged Bitcoin strategy has inflicted major paper losses on U.S. public pension funds as crypto volatility intensified. Eleven state pension funds hold roughly 1.8 million MSTR shares, now valued at about $240 million after an estimated $337 million in unrealized losses. The largest exposures include CalPERS, New York State, and Florida, reigniting concerns about fiduciary responsibility and risk management for retiree savings. Strategy (formerly MicroStrategy) has long ...

星期四 2026年2月 信息来源：网络 编辑-楓華 上周末至今，加密市场遭遇断崖式下跌。表面诱因是特朗普提名"鹰派"人物 Kevin Warsh 出任美联储主席，但水面之 下，一场关于定价逻辑本身的生存测试才刚刚开始。 当风险来临时，比特币既没有展现"数字黄金"的避险属性，也没有像传统对冲资产那样抗跌，反而像科技股一样被无差 别抛售。这不仅是回调，更是一场**"资产属性"的认同危机**。 一、 宏观冲击：被抽走的"流动性氧气" 但真正的战场不在新闻里，而是在**"机构成本线"**上。 Kevin Warsh 的"鹰派"标签——高利率、快缩表、通胀零容忍，对高度依赖美元流动性的加密市场而言，无异于在高空 抽走氧气。在这种环境下，流动性溢价消失，市场选择了最简单粗暴的操作：先抛为快。 二、 7.6 万美元：加密世界的"马奇诺防线" 三、 身份迷失：四套估值模型下的定价混乱 5 巨头陷入浮亏：长期向好的叙事将面临股价暴跌的现实压力。 融资模式受考验：其 11.25% 的高息融资能否在价格倒挂时顺利展期？ 目前市场最关注的一条线，不在 K 线图上，而在 MicroStrategy 的资产负债表里。 作为全球最大的企业 ...

2026 has opened on a brutal note for crypto and even longtime Bitcoin believers are feeling the chill. On Feb. 3, Bitcoin (BTC) plunged below $73,000, marking its steepest decline since early November 2024 and deepening losses from the flash crash that rattled markets on Oct. 10 last year. For Michael Saylor's MicroStrategy, now known as Strategy (NASDAQ: MSTR), the timing couldn’t be worse. Related: MicroStrategy struggles ahead of earnings after latest Bitcoin crash The company’s average Bitcoin purc ...

Group 1 - Cryptocurrency concept stocks experienced significant declines, with mining companies leading the drop [1] - IREN Ltd (IREN.US) fell nearly 11%, Hut8 (HUT.US) dropped over 9%, Cipher Mining (CIFR.US) decreased nearly 9%, and TeraWulf (WULF.US) declined over 8% [1] - Other stocks such as MicroStrategy (MSTR.US) and Bitmine Immersion Technologies (BMNR.US) also saw declines of over 3% [1] Group 2 - Bitcoin plummeted over 4%, falling below $75,000 [1] - Ethereum dropped more than 5%, trading at $2,181.25 [1]

智通财经APP获悉，周三，加密货币概念股重挫，加密矿企跌幅居前，IREN Ltd(IREN.US)跌近11%， Hut 8(HUT.US)跌超9%，Cipher Mining(CIFR.US)跌近9%，TeraWulf(WULF.US)跌超8%;囤币股 Strategy(MSTR.US)、Bitmine Immersion Technologies(BMNR.US)跌超3%。消息面上，比特币大跌超 4%，跌破75000美元;以太坊大跌超5%，报2181.25美元。 ...

With crypto winter clearly having set in, bulls are now left looking for signs that the bearishness has become so embedded that a bottom might form. One case in point might be a note from Canaccord's Joseph Vafi on Wednesday, slashing his price target on Strategy (MSTR) by a whopping 61% to $185 from $474. Vafi, who lifted his outlook on Strategy as recently as November (to that $474 level), still maintains a buy rating on the stock, and his new $185 target suggests about 40% upside from last night's cl ...