74% of Strategy’s Bitcoin Holdings Fall Into Loss Territory as BTC Drops
Strategy’s massive Bitcoin portfolio has come under pressure as the cryptocurrency’s latest decline pushes a large portion of the company’s holdings into unrealized losses. According to data shared by a CryptoQuant analyst on June 4, roughly 74% of Strategy’s 843,706 BTC holdings are currently below their acquisition prices. The update comes as Bitcoin trades near $61,000, marking its lowest level since February and extending a difficult period for the broader cryptocurrency market.