What’s Next for Microstrategy Bitcoin – Bitcoin Magazine

MicroStrategy (MSTR) is currently experiencing a huge loss in bitcoin purchases. Based on a current bitcoin price of $20,300, the total assets of 129,699 bitcoins are valued at $2.6 billion, less than the total cost of acquisition of approximately $4 billion (average cost of $30,700). Therefore, they are sitting on ~$1.4 billion in unrealized losses on their purchase.

The last few years have been a crazy ride for MSTR shareholders, and ironically, the share price ($186) isn’t far above the share price when they announced their first bitcoin purchase (around $140) in summer 2020.

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