Bitcoin’s recent volatility has sent shockwaves through the market as it dipped below the $75,000 mark for the first time since April 2025, triggering significant unrealized losses for major corporate holders. Notably, Strategy (formerly MicroStrategy), led by Executive Chairman Michael Saylor, has experienced a challenging period. With 712,647 BTC in its treasury and an average acquisition cost of $76,037 per coin, the company’s Bitcoin holdings saw paper losses peak at nearly $1 billion when the price briefly touched $74,544.
As of now, Bitcoin is trading at approximately $75,826, marking a 3.9% decline over the last 24 hours. This downward trend has raised concerns about the broader implications for corporate Bitcoin holders. Strategy’s unrealized losses are not an isolated case; several other companies are similarly affected. For instance, Metaplanet’s Bitcoin position is down by over 30%, while Strive and GD Culture Group are facing losses of 28.97% and 35.59%, respectively. These statistics underscore the risks associated with corporate Bitcoin investments, as significant losses materialize during periods of price volatility.
Despite these setbacks, Strategy remains steadfast in its Bitcoin accumulation strategy. Saylor has indicated intentions to buy more BTC, with the potential for the company to make its fifth purchase of the year following a substantial acquisition earlier in January. To bolster its purchasing power, Strategy has also raised the dividend rate on its Series A Perpetual Stretch Preferred Stock to 11.25%, effective February 2026. This initiative aims to attract further capital to fund more Bitcoin acquisitions.
The current market conditions have raised critical questions about the longevity of institutional commitment to Bitcoin, especially as it trades below the cost bases for U.S. spot Bitcoin ETF investors. This situation could challenge institutional buyers’ resolve amid declining prices.
Market analysts have adopted a cautious outlook, suggesting that Bitcoin may slide further, potentially reaching a trading range of $58,000 to $55,000. Analyst PlanB has pointed out that the 200-week moving average is currently positioned near $58,000, while Bitcoin’s realized price, which reflects the average acquisition cost of all circulating coins, has decreased to about $55,000. Historical patterns indicate that Bitcoin frequently retraces toward these benchmarks during downturns.
Currently, momentum indicators are showing signs of weakness, with the Relative Strength Index dipping below the neutral mark of 50. This combination of factors raises concerns that continuing declines could lead to intensified scrutiny of corporate Bitcoin holders, exacerbating unrealized losses across large Bitcoin treasuries. The coming weeks will be crucial in determining whether institutional investors maintain their commitment to the cryptocurrency amid ongoing market fluctuations.
