{"id":659072,"date":"2026-06-26T09:22:10","date_gmt":"2026-06-26T09:22:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/659072\/"},"modified":"2026-06-26T09:22:10","modified_gmt":"2026-06-26T09:22:10","slug":"strategys-13-billion-paper-loss-dwarfs-dogecoin-blackrocks-buidl-and-hundreds-of-other-tokens","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/659072\/","title":{"rendered":"Strategy\u2019s $13 billion paper loss dwarfs dogecoin, BlackRock&#8217;s BUIDL and hundreds of other tokens"},"content":{"rendered":"<p>Strategy (MSTR) is sitting on one of the largest unrealized losses in corporate history and it\u2019s bigger than some of crypto\u2019s most prominent projects.<\/p>\n<p>The software-turned-bitcoin-treasury company holds roughly 844,000 BTC, acquired at an average price near $75,600, according to data source <a href=\"https:\/\/bitcointreasuries.net\/public-companies\/strategy\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">BitcoinTreasuries.net<\/a>. With BTC trading near $60,000 as of writing, the mark-to-market hit exceeds $13 billion, which as per fair-value accounting rules, flows straight through the income statement, generating headline-grabbing quarterly losses.<\/p>\n<p>To put that number in perspective: Strategy\u2019s paper loss now surpasses the total market capitalization of dogecoin (around $11.5\u201312.7 billion), a long running memecoin project and behind Hyperliquid\u2019s HYPE token, which hovers around $18 billion. HYPE is the ninth-largest digital asset globally and a top pick for many analysts and funds. They point to substantial upside potential as the decentralized platform has emerged as the preferred marketplace for trading not only cryptocurrencies but also assets tied to traditional finance.<\/p>\n<p>Strategy&#8217;s paper loss is also bigger than the market caps of countless other DeFi, privacy, oracle projects such as Monero, Cardano, Chainlink, Bitcoin Cash, Litecoin, BlackRock&#8217;s BUIDL, Uniswap, Near Protocol, Aster and others. <\/p>\n","protected":false},"excerpt":{"rendered":"Strategy (MSTR) is sitting on one of the largest unrealized losses in corporate history and it\u2019s bigger than&hellip;\n","protected":false},"author":2,"featured_media":659073,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[779,84,59,10565,56,54,55],"class_list":["post-659072","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bitcoin","tag-business","tag-gb","tag-microstrategy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/659072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=659072"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/659072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/659073"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=659072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=659072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=659072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}