Disclosure: The author of this story owns shares in Strategy (Mstr).
As Crypto Market’s correction starts, days after traditional financial markets began to respond to President Donald Trump’s duty, Bitcoin (BTC) fell to its lowest level of five months, fell as low as $ 74,500 and marked a full one -third drop from the record height, it hit January 20.
This slide has left strategy (Mstr) marginally in the green on its Bitcoin acquisition strategy. At a total cost of $ 35.6 billion, the company currently has an unrealized surplus of approx. 10%or approx. $ 3.9 billion on its BTC investment.
Strategy owns 528,185 BTC, now valued at $ 39.5 billion, giving it an average cost basis of $ 67,458 per year. Bitcoin. The company’s MNAV -Multipel – Market Capital Divided by the value of the holdings – sits just under 2, indicating that the stock is still trading for a prize.
According to Coindesk Research, Mstr is not facing liquidation risk, although Bitcoin falls below the cost basis.
From April 2, Metaplanet (3350) revealed Bitcoin Holdings of 4,206 BTC purchased at an average price of 12,925,027 yen ($ 88,800) per Coin. It sets the Japanese company approx. 15% underwater on its Bitcoin strategy. The stock fell 20% on Monday alone, reflecting the mounting pressure from the downturn.
Semler Scientific (SMLR) has also seen losses on its Bitcoin stocks with an average acquisition cost of $ 87,854 per year. BTC, according to the latest filing in February.
With Bitcoin down 20% this year, Semler lost 38%, Metaplanet 15% and strategy 2%.