Bitcoin falls below $70,000… Strategy’s unrealized loss nears $4.6 billion

JOON HYOUNG LEE

Summary

Bitcoin (BTC) fell below $70,000, bringing Strategy’s unrealized loss to nearly $4.6 billion, the report said.
Strategy holds about 713,500 bitcoins, with an average purchase price of around $76,000 per coin.
Despite Bitcoin’s decline, Strategy deployed $75 million last week to buy an additional 855 bitcoins, and Chairman Michael Saylor said, “buy Bitcoin and never sell.”

Forecast Trend Report by Period

Bitcoin (BTC) slipped below $70,000, pushing the unrealized loss at Strategy, the world’s largest corporate Bitcoin holder, to nearly $4.6 billion.

According to Lookonchain on the 5th (local time), Strategy’s unrealized loss on its Bitcoin investment stood at about $4.6 billion as of that day (approximately KRW 6.7 trillion). The company holds around 713,500 bitcoins, with an average purchase price of roughly $76,000 per coin.

Bitcoin plunged more than 8.5% in a single day, falling below $70,000. It was the first time Bitcoin traded under $70,000 in about 1 year and 3 months, since November 2024.

Meanwhile, despite the recent downturn in Bitcoin, Strategy bought an additional 855 bitcoins last week, deploying about $75 million. Earlier, on the 3rd, Strategy Chairman Michael Saylor said on X that “the rule of Bitcoin is to buy Bitcoin and never sell.”

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