Strategy, the company owned by investor Michael Saylor, the largest holder of Bitcoin in its corporate treasury, is experiencing its biggest unrealized loss in history, amid ongoing pressures on the cryptocurrency market.

According to The Kobeissi Letter, the company, formerly known as MicroStrategy, incurred unrealized losses estimated at around $10.8 billion due to the decline in Bitcoin's price, meaning that its strategy of purchasing cryptocurrency over the past six years has resulted in a loss of about 17% of its total investment position.

Meanwhile, the S&P 500 index increased by 116% during the same period, highlighting the performance gap between investing in Bitcoin and major U.S. stocks.

Data also indicates that Strategy's sale of a limited number of Bitcoin at an average price of $77,135 per coin led to a loss in the market value of its holdings estimated at about $11.8 billion, while the company's stock has fallen by 77% compared to its all-time high.

As of the latest update on June 1, 2026, the company owns 843,706 Bitcoin, with a total cost of approximately $63.867 billion, and an average purchase price of $75,699 per Bitcoin. $BTC