Bloomingbit estimated Strategy’s unrealized loss at about $6.85 billion, using a price of approximately $67,400. The company held 850,364 BTC at an average price of $75,456, according to a filing it submitted to the SEC on November 9 (as of November 8). Cointelegraph also reported the same holdings, average price, and $6.85 billion unrealized loss; its post only said the price had fallen below $67K. This is not an official announcement, nor is it a figure recalculated using the current spot price. The average price is $75,456, so the price fell below the cost basis before dropping below $67,000 again. Don’t read the $6.85 billion figure as meaning the position only went underwater when the price fell below $67,000 again.
One interpretation is that a long-term holder can still tolerate unrealized losses; another is that the entire position is already below its cost basis. Price volatility remains a risk. This is not a recommendation to buy or sell BTC or the company’s stock. If the price rises above the cost basis, this figure will change; if it continues to make new lows, the gap will widen.
What this means for you: The discussion is caught between “long-term holding” and “the entire position is at an unrealized loss.” Which matters more to you: that the loss is still tolerable, or that the price has already fallen below the cost basis?
$BTC #持仓 #Market
One interpretation is that a long-term holder can still tolerate unrealized losses; another is that the entire position is already below its cost basis. Price volatility remains a risk. This is not a recommendation to buy or sell BTC or the company’s stock. If the price rises above the cost basis, this figure will change; if it continues to make new lows, the gap will widen.
What this means for you: The discussion is caught between “long-term holding” and “the entire position is at an unrealized loss.” Which matters more to you: that the loss is still tolerable, or that the price has already fallen below the cost basis?
$BTC #持仓 #Market