MicroStrategy's Saylor Breaks Two-Day Silence, Reaffirms Bitcoin Strategy as Losses Hit $13B

On June 26, Michael Saylor of MicroStrategy broke a two-day silence to reaffirm the company's commitment to Bitcoin, following the asset's sharp decline below $60,000. In a post on X, Saylor stated that market volatility tests all capital structures and pledged that the company will continue to focus on Bitcoin with disciplined capital allocation, creditworthiness, and long-term value creation.

With Bitcoin's decline, MicroStrategy's unrealized loss in its Bitcoin holdings has reached approximately $13 billion, exceeding the market capitalization of Dogecoin (around $11.5 billion) and other major altcoins. The company currently holds approximately 844,000 BTC with an average purchase price of around $75,600.