---
title: "Strategy’s $13B bitcoin paper loss alone dwarfs hundreds of prominent tokens"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290923718.md"
description: "Strategy (MSTR) is sitting on an unrealized bitcoin loss of more than $13 billion as BTC trades near $60,000, according to CoinDesk, after accumulating roughly 844,000 BTC at an average price near $75,600, per BitcoinTreasuries.net. The mark-to-market hit, which flows through earnings under fair-value accounting, exceeds the market cap of dogecoin (around $11.5–12.7 billion) and is below Hyperliquid’s HYPE token at about $18 billion, and is larger than the market caps of tokens including Monero, Cardano, Chainlink, Bitcoin Cash, Litecoin, BlackRock’s BUIDL, Uniswap, Near Protocol and Aster."
datetime: "2026-06-26T06:40:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290923718.md)
  - [en](https://longbridge.com/en/news/290923718.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290923718.md)
---

# Strategy’s $13B bitcoin paper loss alone dwarfs hundreds of prominent tokens

Strategy (MSTR) is sitting on an unrealized bitcoin loss of more than $13 billion as BTC trades near $60,000, according to CoinDesk, after accumulating roughly 844,000 BTC at an average price near $75,600, per BitcoinTreasuries.net. The mark-to-market hit, which flows through earnings under fair-value accounting, exceeds the market cap of dogecoin (around $11.5–12.7 billion) and is below Hyperliquid’s HYPE token at about $18 billion, and is larger than the market caps of tokens including Monero, Cardano, Chainlink, Bitcoin Cash, Litecoin, BlackRock’s BUIDL, Uniswap, Near Protocol and Aster.

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