Strategy reported in a Nov. 9 filing that it held 850,364 bitcoin bought for $64.16 billion, including fees. With bitcoin near $67,000, the holdings were worth about $56.9 billion, leaving an unrealized loss of roughly $7.2 billion. That paper loss does not by itself force Strategy to sell bitcoin.
Strategy also reported a $4.77 billion U.S. dollar reserve as of Nov. 8 for preferred dividends and debt interest, and said it had used $21.1 million of the reserve for dividends during the prior week. MSCI confirmed Strategy’s removal from its USA Index, which will require changes by funds tracking that index.
