MicroStrategy has only sold BTC once despite current $1.5B unrealized loss

Lookonchain reported that MicroStrategy's Bitcoin holdings are currently facing an unrealized loss of approximately $1.5 billion. The company was previously in an unrealized loss position for over 500 days from 2022 to 2023. Despite this, MicroStrategy has only sold its BTC once, selling 704 BTC on Dec. 22, 2022, and immediately repurchasing 810 BTC. Since that transaction, the firm has strictly maintained a buy-and-hold strategy, Lookonchain noted.