MicroStrategy Plunges Over 81% from Peak with $14B Bitcoin Losses
MSTR•MicroStrategy shares have slumped over 81% from their July 2025 peak of $457.22 to a 28-month low below $85.50, extending a near-25% weekly slide and hitting a 52-week low as Bitcoin tumbled under $60,000. The company holds 847,363 BTC with $14 billion in unrealized losses and $1.4 billion in cash reserves.
1. Plunge to Lows
MicroStrategy shares have collapsed over 81% from a July 2025 high of $457.22 to below $85.50, marking a 52-week low and extending a near-25% weekly decline to a 28-month trough.
2. Bitcoin Holdings
The company holds 847,363 BTC valued at approximately $50.7 billion after Bitcoin prices fell under $60,000, creating an estimated $14 billion in unrealized losses.
3. Buyback Proposal
Peter Schiff has called for selling a portion of the Bitcoin treasury to repurchase shares, arguing that the transactions would close the discount between market valuation and net asset value and boost shareholder returns.
4. Funding and Liquidity Risks
MicroStrategy has historically funded Bitcoin accumulation by issuing equity and convertible securities at a premium, but the current market discount may block new capital raises, potentially exhausting its $1.4 billion cash reserve within eight to nine months.
