Square
Following
Hot
News
Notifications
Profile
Share your thoughts
placeholder
Article
STRATEGY’S BITCOIN BET FACES A NEAR $9 BILLION PAPER LOSS: HOW MUCH RISK IS THE COMPANY TAKING?

Strategy, formerly known as MicroStrategy, has built one of the world’s largest corporate Bitcoin positions. But as Bitcoin prices decline, the company’s massive holdings also expose its balance sheet to significant market volatility.

A recent market snapshot circulating on Gate Square estimates Strategy’s unrealized Bitcoin loss at nearly $9 billion, with Bitcoin trading around $65,000.

WHAT IS HAPPENING?

In its November 9, 2026 filing, Strategy reported holding 850,364 BTC, acquired for approx
BTC-0.67%
MSTR-2.37%
It was still pushing higher shortly after 1, reaching a high of 64934 at $BTC 01:15, just over 60 points shy of 65000. It failed to hold, and selling picked up at 01:30. The 01:45 15-minute candle saw about 36.7 million USDT in volume, more than the 22:30 candle that broke below 65000. It hit a low of 64381, just over 100 points above the overnight low of 64257, but didn’t break through. The current price is around 64650. For now, the key question is whether 64257 holds: a 15-minute close below it would put the afternoon low of 63777 in view; if it holds and price reclaims 65000, that high-vol
post-image
BTC-0.67%
Trenches
mihao
m
bade
b
mihao
4Cxj...pump
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
bill
b
bade
b
bill
85Rh...pump
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
Socks
S
bade
b
Socks
FS1p...pump
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
PIEVERSE
P
bade
b
PIEVERSE
0x0e...25a9
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
AGT
A
bade
b
AGT
0x5d...e274
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
While cleaning up my photo album, I came across a video of myself skiing in Altay last winter. It hit me that so much has changed in less than a year😭
It’s hard to believe it took less than a year to go from feeling on top of the world to being down and out.
But maybe that’s for the best. This time has opened my eyes to a lot of realities, and I’ve finally figured out what I really want.
I used to think that one wrong step could ruin your whole life. Now I realize life is far more forgiving than I imagined.
The days that feel so hard right now might be nothing more than something I look back
  • 1
Vine Coin is picking up momentum! 📈 The chart shows a quick move from around $0.005 to roughly $0.0087, with a 24-hour gain of about 24%.
Trading volume is catching attention too. Strong momentum, high volatility… keeping an eye on it! 👀
#VINE #SolanaMemecoins
post-image
VINE-0.11%
$SOPH Sharing a long setup idea:
Entry range: 0.001195–0.001222 First target: 0.001317 Second target: 0.001404 Stop-loss level: 0.001123
The current funding rate is extremely negative, and shorts at the lows are clearly starting to get greedy—this kind of structure often precedes a short squeeze.
One thing to watch: if the 0.001143 support gives way, the entire rebound thesis is invalidated. Don't stubbornly hold on.
One last reminder: don't go all in; size your position according to what your account can handle.
Risk warning: The above is only my personal opinion and does not constitute inve
post-image
SOPH-3.83%
$FF Breaks $0.10 — bulls target $0.11! $FF is up more than 12%, breaking above the key $0.10 level. If it holds above this area, it could rise further to $0.105–$0.11. Entry: $0.0990–$0.1010 Target: $0.1050 / $0.1080 / $0.1100 Stop-loss: $0.0960
post-image
FF-0.26%
🐟 Gate Square Anthropic IPO: Share Your Subscription, Win 150 USDT in Shares

🏆 1 lucky winner receives 150 USDT in $ANT shares
✍️ Quality post draw: 10 winners, each receiving 10 USDT in $ANT shares
💬 Top comments: 10 selected winners, each receiving 5 USDT

📸 Submit your Anthropic indicative subscription, then post your subscription screenshot + reason or experience with #GateIPOAccessPhase3Anthropic to enter the draw.
Share your Claude experience, Anthropic views, or subscription plans with the hashtag. Posts and comments can win rewards too.

👉 Subscribe Now:
https://www.gate.com/zh/i
post-image
Gm everyone ☀️
$mihao will save us from this bloodshed.
post-image
Global IPO Plans Face Delays as Investors Demand Stronger Business Performance
live-cover
LIVE977
$KAVA SHORT entry price: 0.03108 Take-profit 1: 0.03047 Take-profit 2: 0.03015 Stop-loss: 0.03294 Recent selling pressure remains significant. A weak rebound would provide another opportunity for shorts.
post-image
KAVA-0.56%
Crypto Market Updates
live-cover
LIVE4,244
#GateIPOAccessAnthropic
🚀 **Gate IPO Access: Bringing the Future of Artificial Intelligence Closer to Global Investors**
The artificial intelligence industry is entering one of the most exciting phases in financial and technological history. Among the companies attracting significant attention is **Anthropic**, a leading AI research and development company known for building advanced artificial intelligence systems and its Claude family of AI models.
With the growing discussion around **#GateIPOAccessAnthropic**, investors are increasingly interested in how they might gain exposure to one of
post-image
  • 1
💰 $BTW   /USDT
🔻SHORT
✳️ ENTRY (Use DCA STRATEGY) : 5330, 5400, 5470
🎯 TARGETS - 5160, 5000, 4500, 4000, 3500
🀄️ LEVERAGE -  cross 10x
🔴 STOPLOSS - 5530
Invest 2% fund only
post-image
BTW-7.75%
I dreamed I made $200 million. How do I withdraw it? I’m freaking out.
post-image
Crypto Analyst: 11.16 Bitcoin (BTC) Short Momentum Exhaustion Signals Begin to Emerge: Four-Hour Sideways Consolidation—Prelude to Bottoming or a Continuation Platform for the Decline?
It may be time to start building spot positions again. The strategy is unchanged: every time the price returns below 65,000, start buying spot in batches. There is no need to rush; the bottom is at least a week away, and every day this week is an opportunity. I believe many holders are feeling uneasy. The price has fallen all the way from its highs, with one short-term bearish candle after another, making the ma
BTC-0.65%
The weekend is over. You can try buying the dip on assets that have plunged, but don’t buy the dip on those that have been sliding gradually. This is very good advice#比特币跌破7万美元
post-image
BTC-0.67%
  • 1
  • 1
The Fear and Greed Index has fallen to 10. Many people’s first reaction is, “When there’s panic, you should buy the dip,” but this is precisely a common trading misconception—extreme fear only indicates intense selling pressure; it doesn’t mean prices have bottomed. What really matters is whether sentiment, sector rotation, and BTC’s trend are moving in sync, rather than looking at a single reading.
$KAVA is down 10.05% over 24 hours, with a trading volume of 13.7M USDT, making it one of the biggest losers amid extreme fear. Technically, MA5=0.031636 remains above MA20=0.0301465, so the mediu
post-image
SPCXB
SPCXBSpaceX
Four.meme
MC:$3.12KHolders:2
0%
KAVA-0.56%
MEGA+0.26%
Same 1,000U, wildly different outcomes—$MAGMA this 18.93% bearish candle: in 24 hours, it plunged from 0.3273 to 0.2467, yet trading volume was still 24.7M. Who's buying? Who's running? I'm opening a face-off against “FOMO buying,” breaking it down point by point.

Fundamentals face-off: $MAGMA is currently at 0.2544, down 18.93% in 24 hours. This isn't a shakeout; it's selling pressure from holders at the highs. Trading volume of 24.7M shows liquidity is still there, but the price was pressed down from 0.3273 all the way to 0.2467, and buyers are struggling to absorb the selling. The bearis
MAGMA-0.57%
  • 2
  • 1
We spend a lot of time online but proving what we have actually done is not always easy
We use many different websites and apps every day but our activity usually stays scattered across different platforms
@primus_labs is working on ways to turn information from the web into something that can be checked and used by other applications
I think this could make many things easier especially when users need to prove something they have already done online
Imagine not having to start from zero every time you join a new platform
That is an interesting direction and I like the idea behind it
post-image
PROVE-0.87%
The futures market exploded today! $EVAA surged 56.20%, taking the top spot; $ARIA was not to be outdone, rising 32.84% to follow close behind; $TAC also performed impressively, climbing 20.17% to break into the top three. The market has been highly volatile, and sentiment has clearly heated up. Keep a close eye on market movements—the next breakout could be just around the corner. Remember, futures trading carries risks, so enter with caution. (The above content reflects personal opinions only and does not constitute investment advice. Please assess market risks rationally.)
post-image
EVAA-0.49%
ARIA+22.03%
TAC-2.72%
Load More

Join 40 M users in our growing community

⚡️ Join 40 M users in the crypto craze discussion

💬 Engage with your favorite top creators

👍 See what interests you

Trending Topics

GateIPOAccessAnthropic

363K Views2.8K Discussing

Gate IPO Access Phase 3 features Anthropic (ANT), with USDT subscription interest starting from 100 USDT. Successful allocations will be delivered as real shares to Gate Stock Accounts. Indicative price: $70–$78/share Subscription: Nov 12–17 (UTC+8) Allocation is not guaranteed. Please manage risk accordingly.

Dr.HanOxfordUnionSpeech

152.5K Views517 Discussing

USOctoberPPIBelowExpectations

487.2K Views1.5K Discussing

View More