Saylor’s Strategy Is Now $7 Billion Underwater on Its Bitcoin Bet
Michael Saylor’s Strategy is currently sitting on a paper loss of more than $7 billion on its 850,364 BTC stash. This happened after bitcoin slid below $67,000 earlier today. Strategy’s Bitcoin Stack Slips Below Cost The world’s largest corporate bitcoin holder is now officially in the red, with Strategy’s most recent 8-K filing with the […]
Key Takeaways
- Michael Saylor’s Strategy is currently sitting on a paper loss of more than $7 billion on its 850,364 BTC stash.
- This happened after bitcoin slid below $67,000 earlier today.
- Strategy’s Bitcoin Stack Slips Below Cost The world’s largest corporate bitcoin holder is now officially in the red, with Strategy’s most recent 8-K filing with the […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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