Strategy shares dropped below $100 for the first time since March 2024, with over $11B in unrealized Bitcoin losses putting its capital structure under

Strategy bought 520 BTC for $35M last week, pushing total holdings to 847,363 Bitcoin. The firm also added $300M in cash reserves through equity offerings.

Bitcoin fell to a two-week low price Wednesday as Strategy shares dove below the $100 mark for the first time since March 2024.