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  "description": "Bitcoin extended its selloff on Tuesday as it touched a low of $62,858. The cryptocurrency has decreased by 19% so far in February. This puts it on track for the poorest monthly showing since June 2022.\n\nStrategy, led by Michael Saylor, serves as the largest corporate holder of Bitcoin and now sees unrealized losses above $9 billion in its Bitcoin treasury. The company holds 717,722 Bitcoin that were acquired for a total of about $54.5 billion at an average cost of $76,000 per coin. Bitcoin trad",
  "path": "/saylors-firm-strategy-faces-9b-in-losses-as-bitcoin-slips-to-62k/",
  "publishedAt": "2026-02-24T14:55:08.000Z",
  "site": "https://news.bitcoinprotocol.org",
  "tags": [
    "Strategy",
    "Michael Saylor",
    "outlined",
    "crypto market sentiment analysis",
    "Bitcoin price action"
  ],
  "textContent": "Bitcoin extended its selloff on Tuesday as it touched a low of $62,858. The cryptocurrency has decreased by 19% so far in February. This puts it on track for the poorest monthly showing since June 2022.\n\nStrategy, led by Michael Saylor, serves as the largest corporate holder of Bitcoin and now sees unrealized losses above $9 billion in its Bitcoin treasury. The company holds 717,722 Bitcoin that were acquired for a total of about $54.5 billion at an average cost of $76,000 per coin. Bitcoin trading around $62,858 has reduced the portfolio market value to near $45 billion.\n\n## Stay In The Loop and Never Miss Important Bitcoin News\n\nSign up and be the first to know when we publish\n\n## Saylor Maintains Focus on Bitcoin Accumulation\n\nExecutive Chairman Michael Saylor has signaled that Strategy holds firm with no plans to liquidate any Bitcoin from its treasury during the current downturn. Just last week the company finished its 100th Bitcoin purchase by securing 592 coins for approximately $40 million. It funded the buy entirely through sales of its own stock.\n\nStrategy first named Bitcoin as its main reserve asset during August 2020. From that point onward the firm has assembled a stake equal to 3.4% of all Bitcoin in existence. Equity offerings combined with debt issuances have supported this ongoing buildup.\n\nThe recent price pressure arrived after President Trump outlined proposals to lift global tariffs up to 15%. Markets broadly shifted toward risk aversion in reaction to the news. Crypto assets experienced notable selling as part of this change. The crypto market overall lost roughly 4% of its value across the last 24 hours. Total capitalization for the space settled around $2.2 trillion following the move. Bitcoin accounted for a substantial share of the drop among leading cryptocurrencies.\n\nCurrent crypto market sentiment analysis shows 43 Neutral border lining Negative\n\nStrategy stock reflected the strain felt in the Bitcoin market. Shares declined by more than 5% on Monday to end the day at $124. After hours activity pointed to continued softness and the equity now sits nearly 20% lower for the year.\n\nBitcoin price action has reflected the influence of macroeconomic factors in recent weeks. Investors have weighed the potential effects of trade policy shifts carefully. Strategy has positioned itself distinctly by treating Bitcoin as a core treasury component.",
  "title": "Saylor's Firm, Strategy, Faces $9B in Losses as Bitcoin Slips to $62K",
  "updatedAt": "2026-02-24T14:55:08.000Z"
}