👀 Strategy's Bitcoin Position Shrinks by $11 Billion 🔹 Analysts at The Kobeissi Letter stated that Strategy, the largest corporate holder of the premier cryptocurrency, has faced what they estimate to be the largest record-breaking unrealized loss in the history of its Bitcoin investments. 🔹 According to their data, Strategy's Bitcoin position is currently underwater by approximately $10.8 billion, representing roughly a 17% drop from the aggregate average purchase cost of the asset. This follows a sharp and sudden downturn in Bitcoin's market price. 🔹 Experts note that after six years of aggressive Bitcoin accumulation, this marks the first time the company has encountered a paper loss of such a massive scale.