STRATEGY IS DOWN $22.78 BILLION IN BITCOIN VALUE, DESPITE HOLDING 32.86% MORE $BTC
On Oct 6, 2025: 640,031 BTC worth $79.82B.
Today: 850,364 BTC worth just $57B.
That's 210,333 additional BTC, yet nearly $23B wiped off its Bitcoin NAV.
Now imagine BTC reclaiming $125K.
Strategy's current holdings would be worth $106.3 BILLION. (+49B)
Accumulation continued. Valuation collapsed. What happens when Bitcoin reverses?
On Oct 6, 2025: 640,031 BTC worth $79.82B.
Today: 850,364 BTC worth just $57B.
That's 210,333 additional BTC, yet nearly $23B wiped off its Bitcoin NAV.
Now imagine BTC reclaiming $125K.
Strategy's current holdings would be worth $106.3 BILLION. (+49B)
Accumulation continued. Valuation collapsed. What happens when Bitcoin reverses?


