Claim $500MicroStrategy Bitcoin (BTC) Losses At $1 Billion, MSTR Stock Plummets 25%
Business Intelligence firm MicroStrategy (NASDAQ: MSTR) which has built a huge Bitcoin position on its balance sheet has seen the valuation of its holdings eroding by 25%. As of its latest filing with the U.S. SEC, MicroStrategy has amassed 130,000 Bitcoins for an aggregated investment of $3.97 billion.
The firm led by CEO Michael Saylor has been aggregating BTC since August 2020 with its current average price at $30,700 as of March 31. Amid a brutal market correction over the last four days, the BTC price has crashed to $22,000.
Thus, the aggregate value of its Bitcoin holdings is currently at $3 billion with losses surmounting $1 billion. However, despite all the market turmoil, company CRO Michael Saylor is absolutely unfazed.
During his recent interview, said that his company would never sell Bitcoins and would even continue to buy at the top. Furthermore, he also has a very strong conviction that the Bitcoin price is going to a million over the next decade.
MicroStrategy Leads Deadly Sell-off In Crypto-Related Stocks
Crypto-based companies faced a severe beating on Monday’s trading session on Wall Street. Leading the entire crypto stocks rout was MicroStrategy as the MSTR stock collapsed by a staggering 25% ending Monday’s trading session at $152.
The MSTR stock has tanked more than 72% year-to-date. Other public-listed blockchain and crypto firms saw their stock prices plummet by 15% each. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown told Bloomberg:
“Crypto fans have become used to volatile rides, but these rollercoaster descents are increasingly hard to stomach. With the era of cheap money coming rapidly to an end, traders are becoming much more risk averse and turning their backs on crypto assets.”
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Shiba Inu Team Unveils ‘Shib Owes You’ Plan To Repay Plasma Bridge Hack Victims
- Fed Chair Race Tightens as Hassett’s Odds Slip Below 50% Ahead of Trump’s Decision
- Fed Injects $26 Billion: Will the Crypto Market Record a Year-End Rally?
- XRP Sell Pressure Intensifies amid Rising Inflows to Binance, South Korean Exchanges
- Crypto ETFs in 2026: What to Expect for Bitcoin, Ethereum, XRP, and Solana
- Binance Coin Price Risks Crash to $700 as Key BSC Metric Plunges 80%
- SUI Price Forecast: What’s Next for SUI in 2026 After $78.9M Token Unlocks?
- Solana Price Prediction: How High Could SOL Go in January 2026?
- Top 3 Predictions for Bitcoin price, Ethereum price and XRP price for 2026 According to Analysts
- Is $1 Dogecoin Price Technically Possible in 2026?
- Bitcoin Price Year-End Prediction: Analysts Highlight Key Levels Before 2025 Close
