Public companies are facing growing losses with their Bitcoin reserve strategies (BTC) as the value of cryptocurrency falls.

The movement happens when the BTC retreats to below $ 80,000, rekindling the debate on the risks of corporate investments in digital currencies.

Would reserve strategies in BTC be turning against companies?

The week began tensely for the cryptocurrency market, with many referring to it as a “black Monday.” According to Beincrypto data, Bitcoin has dropped 9.6% in the last 24 hours, reaching $ 75,089 until the moment this text was published.

The settlement numbers were equally impressive. According to CoinglassBitcoin tried the largest settlements in the same period, totaling $ 474 million. Of these, $ 405.7 million came from long settlements, while US $ 68.2 million were short.

Importantly, companies that have Bitcoin reserves have not been spared from the recent blood bath in the market. Many now face significant losses not performed amid the fall of cryptocurrency.

According to data From Bitcoin Treasuries, the NGU ratio, which measures the difference between the current value of Bitcoin and the base cost of a company’s participation, was negative for many firms.

This indicated that the current currency market price is now below the acquisition cost for many institutional investors. For example, Metaplanet (3350.T is facing a 12.4% loss in its Bitcoin stakes. The company currently has 4,206 Bitcoins, valued at approximately $ 314.7 million, with an average cost per BTC of $ 85,483.

Similarly, the portfolio of The Blockchain Group (Altbg.pa) fell 14.4%. With 620 Bitcoins valued at US $ 46.39 million, the company’s average cost per BTC is $ 87,424.

Semler Scientific (SMLR) also felt the impact, with a loss of 14.7% on its portfolio. The company has 3,192 Bitcoins valued at US $ 238.9 million, with an average cost of $ 87,850 per bitcoin.

Even Strategy (MSTR), one of the first to adopt Bitcoin corporately, is facing challenges. Since acquiring cryptocurrency in August 2020, the company has accumulated 528,185 bitcoins, valued at US $ 39.5 billion, with an average cost of $ 67,485 per bitcoin, resulting in a general profit of 10.9%.

However, data Saylortracker reveal that all Bitcoins bought by the company since November 2024 have been currently in loss. These acquisitions were made at prices ranging from $ 83,000 to up to $ 106,000 per BTC.

Meanwhile, the drop in cryptocurrency value had a significant effect on companies’ stocks. 3350.T saw a 20.2% drop in the price of its shares, while AltBG.pa experienced a low of 15.8%.

SMLR experienced a drop less than 0.6%, but even reflected the broader market trend. Finally, MSTR fell 11.2% pre-market, despite some initial resilience.

In the midst of this market crash, Peter Schiff, Bitcoin longtime economist and skeptical, aimed at Strategy.

Saylor Attention, now that Bitcoin is below $ 80,000, if you want to prevent it from falling below its average cost of $ 68,000, it is better to fill the truck with borrowed money today and go with everything, it posted no X.

The economist also predicted that the company’s bitcoin strategy could lead to his ruin.

This will end with the bankruptcy of MSTR, Schiff stated.

He also questioned the value of Bitcoin as an asset of safe haven. Schiff emphasized that the substantial drop in currency compared to other assets makes it a non -reliable value storage, especially during market sales.