Strategy’s unrealized loss on bitcoin investment hits $9.5 billion, valuation volatility widens
Minseung Kang
Summary
- Watcher Guru reported that Strategy is recording an unrealized loss of $9.5 billion on its bitcoin investment.
- The unrealized loss was described as an on-paper loss that occurs when the valuation falls below the purchase price while the asset has not been sold.
- Watcher Guru said that the size of gains and losses changes in real time depending on bitcoin price fluctuations.
Strategy (formerly MicroStrategy), led by Michael Saylor, is reported to have incurred a large unrealized loss on its bitcoin (BTC) investment.
On the 24th, Watcher Guru, a virtual-asset (cryptocurrency) focused account, said on X (formerly Twitter) that “Strategy is currently posting an unrealized loss of $9.5 billion on its bitcoin investment.”
Meanwhile, an unrealized loss refers to an on-paper loss that occurs when the valuation of an asset falls below its purchase price while the holding has not been sold. The size of gains and losses also changes in real time depending on fluctuations in bitcoin’s price.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
