Strategy, formerly known as MicroStrategy, has seen its stock fall by 16% year-to-date due to the recent drop in Bitcoin prices. Despite this decline, the company still holds significant unrealized profits on its vast Bitcoin holdings—499,096 coins purchased at an average cost of $66,350 each. Investors should closely observe how the company adapts to these unfavorable market conditions, particularly in relation to Bitcoin’s fluctuating value. The longer-term implications for Strategy’s business model could be profound if Bitcoin’s price continues to correct.