Strategy Transfers 1,280 BTC Amid Bitcoin Investment Losses… Is Further Decline Beginning?

▲ Bitcoin (BTC), Strategy (MSTR) / ChatGPT-generated image

Strategy, which is recording unrealized losses reaching $9 billion due to the sharp decline in Bitcoin (BTC), is heightening market tension by transferring a large volume of holdings.

According to crypto-focused media outlet CoinGape on February 24 (local time), Strategy Chairman Michael Saylor transferred 1,280 BTC, worth approximately $83 million, to a new wallet. The movement comes at a time when investor concerns are growing as the company’s asset value has plummeted alongside Bitcoin’s price decline. On-chain data analytics firm Arkham is closely watching whether the transfer was simply for asset management purposes or a move to secure additional collateral.

Strategy is currently the world’s largest corporate holder of Bitcoin, possessing about 717,722 BTC, but the recent downturn has escalated to a level that is difficult to withstand. The company’s average purchase price is known to be around $112,865 per Bitcoin, and based on current prices, it is estimated to be posting an unrealized loss of roughly $9 billion. Even amid extreme conditions in which asset values have nearly been halved, Chairman Saylor remains committed to additional purchases, though market pressure is more intense than ever.

Although the 1,280 BTC moved this time represents only a small portion of the company’s total holdings, the market is closely monitoring the transfer as a potential sign of upcoming selling pressure. In particular, fears are spreading that if the funds are deposited into exchanges such as Coinbase, it could trigger a cascading price drop. In past downturns, Saylor has praised Bitcoin as the most resilient asset in the cyber economy and emphasized long-term holding, but he is now confronting the harsh realities of falling stock prices and deteriorating performance.

Bitcoin’s volatility is being further amplified by macroeconomic uncertainty and a broad sell-off in artificial intelligence-related stocks. Strategy’s share price has also plunged in tandem with Bitcoin’s decline, and concerns about the company’s financial soundness are resurfacing among institutional investors. Technical warnings are mounting that if Bitcoin fails to defend the $60,000 support level, Strategy’s Bitcoin-backed debt structure could begin to wobble.

Strategy is currently facing the greatest crisis since its founding, grappling with the dual challenges of massive losses and market pessimism. Whether Saylor’s aggressive Bitcoin-centric strategy will endure this crash and ultimately be remembered as a victory, or end as a reckless gamble, depends on Bitcoin’s future price recovery. Market participants should closely monitor Strategy’s additional fund movements and weekly closing prices to formulate their response strategies.

Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses incurred based on it. The content should be interpreted for informational purposes only.