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Friday, June 26, 2026

Strategy’s bitcoin bet is now a $13B paper loss

Strategy is sitting on a $13 billion unrealized loss on its bitcoin holdings, with its STRC preferred stock down 25% from par. The company still has about 10 months of reserves to cover dividends but the bigger question is whether investor confidence holds if bitcoin doesn’t bounce back. CoinDesk’s Sam Ewen hosts “CoinDesk Daily.”

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