Bitcoin's Sharp Decline: Strategy's BTC Holdings Turn Negative as Prices Hit $75,500
Bitcoin Faces Major Price Drop
Bitcoin experienced a dramatic liquidity event over the weekend, driving the price down to approximately $75,500, marking its lowest point since April 2025.
Market Dynamics
Bitcoin (BTC) plummeted over 7% during the weekend session, leading to a liquidation of $800 million.
Key Highlights:- Bitcoin's price fell close to its 2025 low amid intensified liquidations.
- BTC struggled to maintain the $80,000 mark and its essential market mean level.
- Strategy's corporate treasury, holding 700,000 BTC, is now in the red compared to its overall cost basis.
Price Movement Below $76,000
According to TradingView data, BTC/USD fell below $80,000 for the first time since April 2025. Traders faced increased volatility due to low liquidity over the weekend.
At present, BTC/USD is trading below $78,000, with the April 2025 low of $74,500 becoming a focal point.
Keith Alan, co-founder of Material Indicators, noted, “Local Low at $80.5k was annihilated,” in response to the price action on social media platform X.
On-Chain College highlighted that Bitcoin has dropped below its true market mean, the aggregate cost basis of the active BTC supply, for the first time since October 2023 when it was priced at $29K.
“This is not favorable for Bitcoin's short to medium-term price action.”
Impact on Corporate Holdings
Strategy, a firm with the largest corporate Bitcoin treasury, now faces a negative position on its BTC holdings at $76,037. The company holds over 700,000 BTC, with its stock price dropping to $143, a sharp decline from its July peak of $455.
This article does not provide investment advice. Every trading decision carries risk, and readers should conduct their own research. Cointelegraph does not guarantee the accuracy or completeness of this information.