Well now, on the first day of February in the year of our Lord 2026, Bitcoin (BTC) took a little tumble, falling below the lofty heights of $75,000. This little dip sent our dear friends at Strategy (formerly known as MicroStrategy) into a fit of the jitters, as their Bitcoin holdings slipped into the murky waters of unrealized losses to the tune of around $1 billion. Quite the pickle they’ve found themselves in, wouldn’t you say?
This nosedive comes as a curious twist, considering the company had been merrily accumulating BTC like a squirrel hoarding acorns for winter, often purchasing in delightful little weekly increments.
Strategy’s Tightrope Walk Amidst Bitcoin’s Daring Decline
In a most unfortunate turn of events, Bitcoin has faced some rather nasty market winds, dragging its value down by over 12% in just the past week. During the early hours of trading in Asia, it dipped below $75,000 for the first time since the dawning days of April 2025, briefly grazing a low of $74,544 on Binance before deciding to bounce back like a rubber ball.
As of the latest updates, Bitcoin is trading at a modest $75,826, which is down about 3.9% in the last 24 hours. This recent decline has weighed heavily on the shoulders of major corporate holders, including our friends at Strategy.
Under the wise stewardship of Executive Chairman Michael Saylor, Strategy holds a whopping 712,647 BTC at an average purchase price of $76,037 per coin. At the current rates, their Bitcoin treasure chest shows a paper loss of about $150 million. Imagine that! When Bitcoin dipped to $74,544 earlier, those losses expanded like a balloon at a child’s birthday party, reaching nearly $1 billion.
“Every dip in BTC wipes billions in paper value off their balance sheet. This shows just how risky corporate Bitcoin exposure can be, even for major players,” remarked one keen observer, likely while shaking his head in disbelief.
But hold your horses; the losses aren’t just confined to Strategy. Data from BitcoinTreasuries reveals that several other corporate Bitcoin holders are also sitting on hefty unrealized losses. Metaplanet’s Bitcoin stash is currently down 30.13%, while Strive’s holdings reflect a sad 28.97% drop. GD Culture Group’s Bitcoin treasury? A staggering 35.59% loss. It’s a regular old treasure hunt gone wrong!
Yet, undeterred by the storm, Strategy remains committed to its Bitcoin strategy. Saylor has hinted at further accumulation of BTC. If the firm buys Bitcoin again this week, it would mark its fifth purchase of the year, reminiscent of a gambler doubling down at the poker table. Their largest acquisition to date was a sizable 22,305 Bitcoin on January 20. One can only wonder if they’re hoping for a better hand next round.
To keep this rollercoaster rolling, Strategy has raised the dividend rate on its Series A Perpetual Stretch Preferred Stock (STRC) to 11.25%, effective February 2026. They’re aiming to attract additional capital and keep the Bitcoin buying spree alive. Overall, proceeds from STRC sales have funded the acquisition of more than 27,000 BTC-what a wild ride!
Bitcoin’s dip has repercussions that echo beyond the balance sheets of corporate holders. According to the fine folks at CryptoQuant, Bitcoin is now trading below the Bitcoin US ETF Realized Price, suggesting that US spot Bitcoin ETF investors are, on average, holding positions at an unrealized loss. A real conundrum!
This descent below ETF cost bases could test whether institutional buyers remain committed should prices continue their downward spiral.
Bitcoin Risks Deeper Pullback as Analysts Wave Red Flags at $55,000 to $58,000
As Bitcoin’s woes deepen, the outlook grows more cautious than a cat near a dog show. Some analysts are waving their hands in alarm, warning that the asset could slide toward the $58,000 to $55,000 range. Oh, joy!
Analyst PlanB pointed out that Bitcoin’s 200-week moving average now hovers near $58,000. Meanwhile, Bitcoin’s realized price, which reflects the average on-chain acquisition cost of all circulating coins, has dwindled to around $55,000 and continues its downward trend. It’s like watching a slow-motion train wreck, folks.
Momentum indicators have also weakened, with the Relative Strength Index falling below the neutral 50 level. Historically, Bitcoin has often retraced toward either the 200-week moving average or the realized price, suggesting a potential downside range between-guess what?-$55,000 and $58,000 if history decides to repeat itself.
“However bull has been weak (no red) so bear might be shallow,” PlanB added, likely with a wink.
When on this journey will investors want to start jumping from the Sayl_boat? $BTC
MS will do just great, but what about his investors?– Peter Brandt (@PeterLBrandt) February 2, 2026
As Bitcoin now trades below key cost bases, and with long-term support levels under scrutiny, the coming weeks could prove critical in testing institutional conviction. A continued slide could place corporate holders back under the microscope, as a sharper downturn would amplify unrealized losses across large Bitcoin treasuries. It’s a circus, and we’re all just here for the show!
Read More
- Heartopia Book Writing Guide: How to write and publish books
- Gold Rate Forecast
- Robots That React: Teaching Machines to Hear and Act
- Mobile Legends: Bang Bang (MLBB) February 2026 Hilda’s “Guardian Battalion” Starlight Pass Details
- Genshin Impact Version 6.3 Stygian Onslaught Guide: Boss Mechanism, Best Teams, and Tips
- 10 Years Later, Taylor Sheridan’s Neo-Western ‘Hell or High Water’ Blasts Onto Netflix
- UFL – Football Game 2026 makes its debut on the small screen, soft launches on Android in select regions
- 10 One Piece Characters Who Could Help Imu Defeat Luffy
- 1st Poster Revealed Noah Centineo’s John Rambo Prequel Movie
- UFL soft launch first impression: The competition eFootball and FC Mobile needed
2026-02-02 10:05