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Bitcoin Crash to $59,000, Michael Saylor’s Portfolio Loses $13.8 Billion

The market crash that hit the crypto market has had a fatal impact on the Bitcoin portfolio of Strategy. Based on the latest data from early Thursday (25/6), Strategy’s portfolio recorded an unrealized loss of minus 21.68%, or equivalent to a loss of about $13.89 billion (around Rp249 trillion). Total assets shrank to $50.21 billion from the accumulation of 847.363 BTC purchased at an average price of $75,653 per BTC.
​In addition to the unrealized loss in the main portfolio, STRC and MSTR shares are also seen to be collapsing further in the stock market due to this wave of mass panic. STRC shares plunged freely, touching the $80 level, even though this instrument should maintain its psychological benchmark value at the $100 level. At the same time, the parent company MSTR’s shares also did not escape extreme selling and were dragged down to the area of $92 per share.
​The combination of Bitcoin’s price falling below Strategy’s average purchase price and the collapse in STRC and MSTR stock prices has further worsened negative sentiment in the market. Investors and traders are now concerned about the liquidity risk and the structural pressure faced by the company, considering that their business model is heavily dependent on the health of the value of Bitcoin assets, which is currently in a negative position.