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…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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