Strategy (formerly MicroStrategy), the company holding the largest Bitcoin treasury globally, has recorded a $5.91 billion loss amid the recent cryptocurrency market downturn
According to industry sources on the 9th, Strategy recorded a Bitcoin-related loss of $5.91 billion in the first quarter (January–March) of this year.
As of the end of March, Strategy held 528,185 Bitcoin. The price of Bitcoin in Q1 fluctuated between $76,600 and $109,358, closing at $82,444 by the end of March.
Cryptocurrency prices have continued to decline recently amid concerns of a potential economic slowdown triggered by the Trump administration’s reciprocal tariff policies.
Strategy is the world’s largest corporate owner of Bitcoin. The company’s co-founder and chairman, Michael Saylor, began accumulating Bitcoin in 2020 as an inflation hedge. Initially, the firm used operational funds to purchase Bitcoin, later turning to stock and convertible bond offerings to finance further acquisitions.
