MicroStrategy's Bitcoin Holdings Face Significant Unrealized Losses

MicroStrategy's Bitcoin Holdings Face Significant Unrealized Losses

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Following a $216 million Bitcoin sale, Michael Saylor's MicroStrategy holds 843,775 BTC at an average cost of $75,476. With Bitcoin currently trading near $64,000, the company's position is approximately $9.7 billion underwater.

Strategy holds 843,775 BTC at an average cost of $75,476, leaving the position roughly $9.7 billion underwater with bitcoin trading near $64,000.