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 ...

Core Viewpoint - The cryptocurrency market is experiencing a significant downturn, primarily triggered by the hawkish nomination of Kevin Warsh as the Federal Reserve Chairman, leading to a crisis of asset identity for Bitcoin [1][3]. Group 1: Macro Impact - The hawkish stance of Kevin Warsh, characterized by high interest rates and rapid balance sheet reduction, is detrimental to the liquidity-dependent cryptocurrency market, effectively removing the "oxygen" of liquidity [3]. - The market's response to this environment has been a rapid sell-off, indicating a loss of liquidity premium and a focus on immediate liquidation [3]. Group 2: Key Price Levels - A critical price level for Bitcoin is $76,038, which is the average holding price for MicroStrategy, the largest corporate holder of Bitcoin. Falling below this level could signify a loss of confidence and trigger further selling pressure [4]. - The significance of this price point extends beyond technical analysis; it represents a psychological barrier for institutional investors [4]. Group 3: Identity Crisis - Bitcoin is currently facing a severe "identity crisis," being pulled in four conflicting valuation directions, which has led to algorithmic trading taking over the market dynamics [6]. - Despite a 266% increase in the usage of the Lightning Network, irrational market behavior continues to dominate, resulting in widespread sell-offs [6]. Group 4: Strategic Recommendations - In the current environment where institutions are uncertain about Bitcoin's identity, ordinary investors are advised against trying to "catch the bottom" and should instead focus on utilizing hedging strategies [6]. - Short-term hedging can be achieved through instruments in the Hong Kong or U.S. markets, while a long-term mindset should be adopted to accept volatility and avoid seeking perfect entry points [8].

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 ...