# Strategy's Bitcoin Worth Less Than Purchase Price

> Strategy's bitcoin holdings now worth less than Saylor paid for them.
- Title: Strategy's Bitcoin Worth Less Than Purchase Price | Shortify
- Summary: Strategy's bitcoin holdings now worth less than Saylor paid for them. Strategy's 849,327 bitcoin are worth $430 million less than their purchase price.
- Keywords: mstr, strategy, bitcoin, saylor, preferred shares, strc, unrealized profit, mnav, Startup Fortune
- Source: Startup Fortune — https://startupfortune.com/strategys-849327-bitcoin-are-worth-barely-more-than-saylor-paid-for-them
- Published: 2026-11-07T19:56:10+00:00
- Read time: 1 min
- Topics: mstr, strategy, bitcoin, saylor, preferred shares, strc, unrealized profit, mnav, startups, business
## Bitcoin price drops
Bitcoin slid to $75,955 near Strategy's average cost of $75,451.
## Strategy's holdings
Strategy holds 849,327 bitcoin bought for $64.08 billion.
## Unrealized profit gap
The gap between current value and purchase price is $430 million.
## Market valuation
Strategy's mNAV dropped below 1 in late June but recovered to 1.14.
## Bitcoin monetization program
Strategy authorized a $1.25 billion bitcoin monetization program.
## Recent sales
Strategy sold 1,178,552 preferred shares for $164 million.
## Paper losses
New purchases of bitcoin are already $5,000 under water each.
## Key takeaway

Strategy's 849,327 bitcoin are worth $430 million less than their purchase price.