Strategy has $6.5 billion loss on BTC, but continues trading at premium to value of its assets

The strategy has incurred a staggering loss of $6.5 billion on its Bitcoin investments; however, despite this significant financial setback, it continues to trade at a premium compared to the intrinsic value of its underlying assets. This situation suggests that investors still have confidence in the future prospects of the strategy or the broader market, leading to valuations that exceed the actual worth of the assets held. source: https://www.coindesk.com/markets/2026/02/05/strategy-has-usd6-5-billion-loss-on-btc-but-continues-trading-at-premium-to-value-of-its-assets