Strategy Shares Slump Over 80% from Peak as Bitcoin Losses Hit $14 Billion
MSTR•Strategy shares have plunged over 81% from their July 2025 peak of $457.22 to a 28-month low, with unrealized Bitcoin losses estimated at $14 billion on 847,363 BTC holdings. The company holds about $1.4 billion in cash and $2.21 billion in reserves, enough to fund preferred dividends for 10 months.
1. Share Price Decline
Strategy's stock has plunged more than 81% from its July 2025 high of $457.22 to trade below $85.50, marking a 28-month low as Bitcoin's selloff intensifies.
2. Bitcoin Holdings and Unrealized Losses
The company holds 847,363 BTC valued at roughly $50.7 billion at current prices, resulting in estimated unrealized losses of about $14 billion on its treasury.
3. Cash Reserves and Dividend Coverage
Strategy reports $1.4 billion in cash and $2.21 billion in dollar reserves, sufficient to fund the preferred stock dividend for the next 10 months despite market volatility.
4. Buyback Proposal from Peter Schiff
Euro Pacific Capital's Peter Schiff suggests selling Bitcoin to repurchase shares while MSTR trades below its Bitcoin-per-share valuation to close the discount and boost shareholder value.
