In a move that stunned both critics and loyalists, Strategy has purchased another $40 million worth of Bitcoin, pressing forward with one of the boldest — and now most underwater — bets in corporate history.
The announcement landed Monday against a backdrop of sliding crypto prices, geopolitical friction, and mounting fears that artificial intelligence could reshape the global economy in ways investors are only beginning to grasp.
's### 📊 A Giant Position — Now Deep in the Red
Strategy now holds roughly $55 billion in Bitcoin, accumulated at an average purchase price of $76,020 per coin.
With Bitcoin hovering near $63,000, the company is staring at nearly $10 billion in unrealised losses.
Yet Executive Chairman Michael Saylor appears unfazed.
Speaking with crypto journalist Natalie Brunell, Saylor framed the continued buying not as desperation — but discipline.
“You can think of us as dollar cost averaging,” he said, signaling the firm’s intent to keep accumulating regardless of short-term price pain.
🌍 Macro Storms Are Slamming Crypto
Bitcoin’s latest slide hasn’t happened in isolation.
Analysts point to a volatile mix of geopolitical escalation, renewed trade tensions, and policy uncertainty rattling global markets. Comments from economists at Yardeni Research warn that new tariff moves have revived fears of a prolonged trade conflict — the kind of instability that often pressures risk assets.
At the same time, crypto markets are experiencing sustained outflows, with institutional investors trimming exposure after months of volatility.
Matt Howells-Barby of Kraken cautioned that rising tensions could push Bitcoin as low as $50,000 in the near term.
Bitcoin has already fallen 50% from its October high of $126,000, marking one of the asset’s sharpest multi-month drawdowns in recent years.
🤖 The AI Fear Factor: A New Kind of Market Risk
Adding to investor anxiety is a widely circulated report from Citrini Research, which outlines a hypothetical “2028 Global Intelligence Crisis.”
The report argues that while AI could supercharge productivity and corporate profits, it may simultaneously:
Trigger mass white-collar layoffs
Weaken consumer spending
Stress credit markets
Expose structural cracks in the global economy
Markets reacted swiftly.
The Dow plunged more than 800 points following the report’s circulation, while shares of IBM suffered their steepest single-day drop in 25 years.
Meanwhile, a flagship technology fund run by BlackRock — tracking major software leaders — has fallen sharply this year, underscoring how AI optimism is morphing into disruption anxiety.
📉 Six Weeks of Red — A Rare Losing Streak
Bitcoin has now logged six consecutive weekly declines, a streak not seen since the 2022 crypto winter.
Institutional sentiment is cooling fast:
Investors have withdrawn billions from Bitcoin ETFs in recent months.
Hedge funds significantly reduced exposure late last year.
The shift suggests Bitcoin is still trading like a high-risk tech asset rather than the inflation hedge many advocates once promised.
🧠 The Contrarian View: Crisis Could Ignite Bitcoin
Not everyone sees doom.
Arthur Hayes, CIO of Maelstrom, believes AI-driven job losses could ultimately send Bitcoin soaring.
His thesis: widespread unemployment would strain debt markets and force intervention from the Federal Reserve, likely reviving aggressive money-printing policies.
In that scenario, Hayes argues, Bitcoin could transform from a speculative asset into a refuge from currency debasement — echoing the post-2008 environment that fueled its early rise.
⚖️ Strategy’s Gamble Becomes a Market Test Case
Strategy’s relentless accumulation has turned the company into a real-time experiment in conviction investing.
Is it catching a falling knife?
Or positioning itself ahead of a monetary regime shift triggered by AI disruption and macro instability?
For now, the market remains skeptical.
But Saylor’s message is clear:
Volatility is noise. Accumulation is the strategy.