Strategy’s Unrealized Bitcoin Loss Widens to Record $10.8 Billion
Michael Saylor's Strategy now has its largest-ever unrealized loss on Bitcoin, estimated at $10.8 billion after six years of accumulation. The figure is above an earlier June 4 estimate that put the loss at more than $10 billion and up from about $7.6 billion cited a day earlier.
The increase from roughly $7.6 billion on June 3 to $10.8 billion highlights how quickly paper losses can deepen for public companies with large cryptocurrency holdings. Earlier estimates also put Tom Lee's BitMine down about $8.9 billion on its Ether treasury, underscoring the scale of valuation swings across digital-asset treasury strategies.
From the sources (5 posts)
@lookonchainJUST IN: Tom Lee (@fundstrat)'s #Bitmine is down $8.9B on 5,416,901 $ETH ($10.03B). Michael Saylor (@saylor)'s #Strategy is down $7.6B on 843,706 $BTC ($56.26B).
@cointelegraph🚨 UPDATE: Tom Lee's Bitmine is currently sitting on $8.86 billion in unrealized losses on its Ethereum treasury.
@cointelegraph🚨 UPDATE: BitMine is down $8.9B on its $ETH holdings, while Strategy is down $7.6B on its $BTC position.
@kalshi_cryptoBREAKING: Michael Saylor's Bitcoin portfolio is down over $10,000,000,000
@cointelegraph🚨 UPDATE: Strategy is now sitting on its largest-ever $BTC unrealized loss at $10.8B after six years of accumulation.