MicroStrategy Faces Substantial Annual Costs to Maintain Bitcoin Holdings
MicroStrategy Faces Substantial Annual Costs to Maintain Bitcoin Holdings
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MicroStrategy, a major corporate holder of Bitcoin, is incurring significant annual expenses, totaling $689 million, to avoid selling its BTC. These costs have seen a consistent increase every quarter since 2021, underscoring the ongoing financial commitment required to maintain its extensive Bitcoin treasury.
Strategy has to pay $689M to not sell any of its BTC, and those costs have increased every quarter since 2021.