In the next couple of weeks ALL wall street firms with Bitcoin exposure - AND treasury companies - will announce their unrealised loss for Q4 of 2025. When that FUD hits the news remember, almost all ...
Your numbers are way off.
MSTR has 671,000 BTC, average per coin around ~$75k. But here's the thing. MSTR funded a big chunk of its Bitcoin purchases using good ol' debt (mostly convertible notes). If you factor in the upcoming interest they're likely underwater already (in the sense that they will take a hefty and real loss in 2026 if the price stays where it is now).
MSTR has 671,000 BTC, average per coin around ~$75k. But here's the thing. MSTR funded a big chunk of its Bitcoin purchases using good ol' debt (mostly convertible notes). If you factor in the upcoming interest they're likely underwater already (in the sense that they will take a hefty and real loss in 2026 if the price stays where it is now).
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