Strategy inc Feb 06 2026
Scheme
They raise huge amounts of money from wealthy individuals through the issuance of corporate bonds and stocks, which they use to purchase Bitcoin and drive up the price of Bitcoin.
Normally, if the price goes up, you would sell it and make a profit. This company focused on collecting Bitcoin. They continued to take out loans using Bitcoin as collateral and buy Bitcoin.
Result
They used the money which collected from investors to drive up the price of Bitcoin, allowing other investors who were not involved with Strategy to make money.
Customers who bought Strategy shares suffered losses as stock prices fell
The price of Bitcoin also fell.
Holds the world's largest amount of Bitcoin, with 713,502 coins
Average purchase price $76,047
Current Bitcoin price: 65,144 USD
Unrealized loss
Current Bitcoin price $65,144 - average purchase price $76,047 = -10903
Unrealized loss of 1 Bitcoin - $10903 x 713,502 total coins = - $7779312306
Total unrealized loss -$7,779,312,306
Total debt -$8.2 billion early 2026
Total unrealized losses and regular debt -$8.2 - $7.77 = 15.97 billion
Total: 15.97 billion plus interest on debt
This business model is unheard of and is the most ridiculous scam in history. What's worse is that the people involved and their followers have no idea what's going on.
Such business models should be restricted.
As of February 2026, 11 U.S. public pension funds are facing roughly $337 million in paper losses due to their investments in Strategy Inc. (formerly MicroStrategy, MSTR), a firm heavily focused on leveraged Bitcoin purchases. The stock has experienced a 67% decline over the past six months, causing 10 out of the 11 funds to see their positions drop by approximately 60%
Metaplanet A copycat of Strategy Inc.
Scheme
They raise huge amounts of money from Japanese investors by issuing corporate bonds and stocks, purchasing Bitcoin, and driving up the price of Bitcoin.
Normally, if the price goes up, you would sell it and make a profit. This company focused on collecting Bitcoin. They continued to take out loans using Bitcoin as collateral and buy Bitcoin.
Result
They collected from investors to drive up the price of Bitcoin, allowing other investors who are not involved with Metaplanet to make money. Because there are few Japanese Bitcoin buyers due to tax reasons, they also made money for Americans, who make up the majority of virtual currency purchases.
Customers who bought Strategy shares suffered losses as stock prices fell
The price of Bitcoin also fell.
They entered late and ended up with a high average purchase price of $107,716.
Unrealized loss
Current Bitcoin price $65,144 - Average purchase price $107,716 = - $42572
Unrealized loss of one Bitcoin - $42572 x total Bitcoin holdings 35,102 coins
= - $1,494,362,344
Total unrealized losses - $1,494,362,344 =234.6 billion yen
Debt -21 billion yen
Total -255.6 billion yen and interest on debt
This business model is unheard of and is the most ridiculous scam in history. What's worse is that the people involved and their Japanese followers have no idea what's going on.
