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underwater

Michael Saylor’s bitcoin stack is officially underwater, but here’s why he likely won’t reach for the panic button

Michael Saylor’s bitcoin stack is officially underwater, but here’s why he likely won’t reach for the panic button

3 days ago by Crypto InsightsCrypto

Bitcoin’s dip to around $75,500 briefly pushed the price just below Strategy’s (MSTR) average purchase cost of roughly $76,037 per coin. That may sound alarming at first glance, and it technically puts Michael Saylor’s firm underwater on its bitcoin holdings, but it doesn’t fundamentally change… Read More

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