Bitcoin treasury firm Strategy is experiencing a significant unrealized loss of approximately $6.7 billion as Bitcoin's price falls 12.4% below the firm's average purchase cost. Over the past five and a half years, Strategy has accumulated around $54.52 billion worth of Bitcoin, with an average acquisition price of $76,027 per Bitcoin. Market analysts highlight that Michael Saylor's adherence to a dollar-cost averaging strategy makes his holding cost and unrealized gains or losses a key indicator for institutional Bitcoin allocation. The current market conditions underscore the volatility and risk associated with large-scale Bitcoin investments.