MicroStrategy Records $3 Billion Loss on Bitcoin Purchases Since Last November

Source
Son Min

Summary

  • MicroStrategy reported an unrealized loss of approximately $3 billion on Bitcoin purchased since last November.
  • The average purchase price of the 246,876 BTC acquired was $94,035, resulting in losses at the current price point.
  • MicroStrategy currently holds a total of 499,096 BTC with an average purchase price of $66,357.

MicroStrategy's Bitcoin (BTC) purchases since last November have recorded an unrealized loss of $3 billion.

On the 9th (local time), LookOnChain revealed via X, "MicroStrategy has purchased 246,876 BTC since last November," adding that "with an average purchase price of $94,035, they are currently recording a loss of approximately $3 billion."

Currently, MicroStrategy holds a total of 499,096 BTC. The average purchase price is $66,357.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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