$MSTR
BEARISH2026-06-04Price around the call
↓ 2026-06-04
By horizonMaturing · ~19 trading days to go
1d
✗ +5.4%
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21d
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Original post
The Kobeissi Letter · 2026-06-04
It's official. MicroStrategy, $MSTR, is now facing its biggest unrealized loss in history, at -$10.8 billion. In other words, after 6 years of buying Bitcoin, the company is now down -17% on its position. By comparison, the S&P 500 is up +116% over this same timeframe. Since MicroStrategy sold 32 Bitcoin at $77,135 per coin, their positions has lost -$11.8 billion in value. This puts MicroStrategy's stock, $MSTR, down -77% since its record high. Bear market is an understatement.
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