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Strategy, the software maker formerly known as MicroStrategy, said it will report an unrealized loss of $5.91 billion from its bitcoin holdings, as a cryptocurrency selloff wiped out most of its gains since Donald Trump’s election victory.
The company has to recognize the unrealized loss after adopting an accounting change that values its crypto assets at market prices. Strategy said it holds 528,185 bitcoin at an average purchase price of $67,458. It did not purchase bitcoin in the past week.
Shares of Strategy fell more than 8% today. Bitcoin fell 15% so far this year, trading at $79,272 as of Monday afternoon. S&P 500 fell 14% so far this year.
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fortune.com/crypto/2025/0..
