big number

845,256. That’s Strategy’s total bitcoin holdings, aggregated at a market value of $63.9 billion, or about $75,680 per token, according to Strategy’s disclosure.

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tangent

Cardano’s ADA token, once the world’s third-largest cryptocurrency behind bitcoin and ethereum, dropped to a low of just under $0.16 on Monday, its lowest level since December 2020. That extended a more than 26% decline for the token over the last week, following the cancellation of Cardano’s flagship summit.

key background

Broader pessimism spread across the crypto market following Strategy’s latest bitcoin sale, erasing the record-setting surge for the world’s largest cryptocurrency that followed the 2024 presidential election. President Donald Trump’s push for the U.S. to become the “crypto capital of the world” fueled demand and optimism for the crypto market, with promises of pro-crypto legislation pushing bitcoin above $120,000 by July 2025, and then to $122,000 just days later. Bitcoin’s value has steadily declined since hitting a peak in October 2025, following waning demand for spot bitcoin ETFs and lower odds of interest rate cuts. A hotter-than-expected labor market report last week further increased betting odds of an interest rate hike, aiding in bitcoin’s sell-off.

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orbes valuation

Saylor, who founded Strategy, then known as MicroStrategy, in 1989, has an estimated net worth of $3.8 billion as of Monday. His fortune plummeted during the dot-com crash, but Strategy’s bitcoin investments made Saylor a billionaire once again, as Saylor has directed his firm to shift its corporate coffers into bitcoin.

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further reading

ForbesBitcoin Falls Below $60,000—Erasing Trump-Fueled RallyBy Ty RoushForbesCardano—Once The Third-Largest Cryptocurrency—Hits 6-Year Low: Here’s WhyBy Ty Roush

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