Just days after CryptoQuant urged Strategy () to take a step back on its Bitcoin acquisition strategy, the company has been hit with a huge blow. Strategy’s unrealized Bitcoin has risen to $13 billion, one of the biggest in corporate history.

Now, the world’s biggest corporate Bitcoin holder is staring at a historic financial hole. This comes on the backdrop of a huge price drop. Bitcoin price has dropped under the key $60,000 support, with indicators hinting at a deeper price drop.

Strategy’s Paper Loss Hits $13 Billion

The sheer scale of the current crypto downturn is hitting corporate balance sheets hard. Strategy (MSTR), the largest corporate holder of Bitcoin globally, is feeling the heat. The company now holds roughly 844,000…