Red Alert: 40% Of Strategy’s Bitcoin Holdings Are Losing Money—Analysts

Bitcoin fell sharply over the past week, sliding almost 15% and moving beneath the $100,000 and $95,000 marks to trade around $90,300, Wednesday. According to company disclosures, Michael Saylor’s Strategy bought an extra 8,178 BTC for $835.6 million at about $102,171 apiece during the downturn. That move has drawn fresh attention because some of those… Continue reading Red Alert: 40% Of Strategy’s Bitcoin Holdings Are Losing Money—Analysts