Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
 remains the largest corporate holder of Bitcoin — and right now, also the largest bearer of unrealized pain.
Just months ago, MSTR was sitting on massive paper profits.
The recent move below $76K has now pushed their entire position near or below cost basis.
This is unrealized loss — no forced selling, no margin calls triggered at the corporate level. MicroStrategy’s strategy has always been long-duration, high-conviction exposure to Bitcoin, not short-term mark-to-market comfort.
Bitcoin hasn’t changed.
Price has.
The question now isn’t about losses — it’s about who can hold through the noise. 👀