#paper loss

Strategy's $13B Bitcoin Paper Loss Eclipses Market Caps of Dogecoin, Cardano, and Dozens of Major Tokens

Strategy's unrealized bitcoin loss has surpassed $13 billion, exceeding the market capitalizations of dogecoin, Cardano, Chainlink, and dozens of other major crypto projects. The situation underscores extreme concentration risk in a single volatile asset.

June 27, 2026