Bitcoin fell below $67,000, and Strategy's holdings suffered a paper loss of $6.85 billion.
As the price of Bitcoin fell below $67,000, Strategy's unrealized losses widened to $6.85 billion. According to Strategy's SEC 8-K filing on November 9, the company holds 850,364 BTC, with a total cost of approximately $64.16 billion and an average holding price of $75,456. Based on the current Bitcoin price of $67,400, Strategy's overall Bitcoin holdings have a paper loss of $6.85 billion.