$BTC $9.5 BILLION PAPER LOSS: Saylor’s Bitcoin Bet Under Pressure
The volatility is hitting hard. Michael Saylor’s Strategy is now sitting on a staggering $9.5 billion unrealized loss on its Bitcoin holdings as BTC struggles below key levels.
For years, Strategy doubled down relentlessly — buying dips, issuing debt, and turning its balance sheet into a Bitcoin proxy. But in this phase of the cycle, mark-to-market reality is brutal.
Unrealized doesn’t mean realized — but the drawdown is massive. And with leverage involved, market swings hit even harder.
Still, Saylor has made one thing clear: this is a long-term conviction trade, not a quarterly flip.
The real question now: does Strategy buy more into weakness… or does pressure finally mount?
When conviction meets volatility, only one wins.
#Crypto #Bitcoin #BTC
