The context: if companies that buy bitcoin are boiled and boast of purchases made when the price of the BTC is increasing sharply, it is the opposite that occurs when prices drop. This time, the sky falls on the head of these societies. The subject rebuilds the news while Bitcoin fell under $ 80,000, once again relating the debate on the relevance of this kind of investment at risk for public enterprises. Bitcoin reserve strategies: bad decision? The week started very negatively for the cryptocurrency market, with an already qualified day of “black Monday” for the financial markets. According to CoinMarketCap data, Bitcoin experienced a sudden drop of 7.32 % in the last 24 hours, falling to 76,400 dollars at the time of the editorial staff. BTC/USD – Coinmarketcap. The liquidations were just as impressive. According to CorciLass, Bitcoin experienced the highest liquidations over the same period, totaling $ 474 million. Consequently, companies with Bitcoin reserves have not been spared by this umpteenth blood bath. Now, many buyers are now facing considerable unpaid losses due to the sharp drop in the price of bitcoin. According to Bitcoin Treasuries data, the NGU ratio, which measures the difference between the current value of Bitcoin and the purchase cost of the assets of a company, has turned red for many companies. This tells us that for many institutional investors, the current Bitcoin price is now lower than the acquisition cost. For example, Metaplanet underwent an unrealized loss of 12.4 % on his BTC assets. The company currently has 4,206 bitcoins, valued at around $ 314.7 million. These parts were purchased at an average cost of $ 85,483. Likewise, The Blockchain Group portfolio dropped by 14.4 %. The company holds 620 tokens valued at $ 46.39 million with an acquisition cost of $ 87,424. Semler Scientific also felt a negative impact, with a loss of 14.7 % on his portfolio. The company holds 3,192 BTCs which are estimated at $ 238.9 million. The acquisitions were made by spending an average $ 87,850 per room. Strategy: A company soon in difficulty? Same stratute, pioneer in the implementation of a Bitcoin strategic reserve by companies, faces many challenges. Indeed, since despite the first highly positive acquisitions since 2020, the last purchases of the company are less positive. As a reminder, in total, Strategy bought 528,185 Bitcoin, valued at $ 39.5 billion, with an average cost of $ 67,485 per room. Although it remains in green, the overall benefit has come down to 10.9 %. Moreover, according to Saylortracker data, all the tokens purchased by the company since November 2024 are currently losing. These acquisitions were made at prices ranging from 83,000 to 106,000 dollars per bitcoin. In addition, the drop in the value of Bitcoin had a significant effect on business actions. 3350.T experienced a sudden drop of 20.2 % of its action price, while Altbg.PA underwent a drop of 15.8 %. A shares performance of 3350.T, altbg.pa, SMLR, MSTR. Source: TradingView SMLR experienced a lower decrease of 0.6 %; It is also the one that is best. Finally, MSTR fell 11.2 % in a pre-market despite a certain initial resistance. Faced with this widespread collapse of the Crypto market, Peter Schiff, long -standing economist and skeptical of Bitcoin, has targeted strategy through a post on X. “Be careful Saylor, now that the Bitcoin price is below 80,000 dollars, and in order to avoid an collapse under the average acquisition price of $ 68,000, you better load the truck Miss everything ”. The economist also predicted that the company’s bitcoin strategy could finally lead to its loss despite interesting momentum at times. “It will end with MSTR’s bankruptcy,” said Peter Schiff. He also called into question the status of bitcoin as a refuge. Schiff thus pointed out that the sharp drop in the price of the BTC compared to other assets makes it a means of storage of unreliable value. This, especially when massive sales occur on the market. Morality of history: The day is conducive to jacket turners. Notice of non-responsibility Non-responsibility notice: In accordance with the guidelines of The Trust Project, BEINCRYPTO undertakes to provide impartial and transparent information. This article aims to provide exact and relevant information. However, we invite readers to verify the facts of their own and consult a professional before making a decision on the basis of this content.
