MicroStrategy Now Down $1B on Its Bitcoin Bet

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.MicroStrategy's $MSTR largely debt-financed bitcoin investment is down by $1 billion following the asset's plunge to $22,960. Reporting by oknightcrypto.

The CEO of the technology company began purchasing bitcoin in August 2020 at a price just under $12,000.

Subsequent purchases over the following months brought the company's holdings to 129,918 bitcoin, now valued at under $3 billion, compared with what's a near-$4 billion investment.Last month, SaylorMicroStrategy shares are down 24.32% on Monday as it leads the

 

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MicroStrategy OKnightCrypto Seems like the only person not worried about Michael Saylor's Bitcoin holdings is saylor. I wonder if he knows something we don't. 🤔

MicroStrategy OKnightCrypto True, the top 1 game in June is different, and tribalpunk x3 award betatest is different as well.

MicroStrategy OKnightCrypto Who did they loan the money from?

MicroStrategy OKnightCrypto Man who really panicking for real for real.

MicroStrategy OKnightCrypto are you buying more? Michael

MicroStrategy OKnightCrypto Haha loser

MicroStrategy OKnightCrypto MSTR cut loss on bitcoin owned, bitcoin price plummeted further.😂

MicroStrategy OKnightCrypto cut loss before it's too late🤣

MicroStrategy OKnightCrypto Lol

MicroStrategy OKnightCrypto More FUD...

MicroStrategy OKnightCrypto He is just hodling it for future opportunities. He's fine.

MicroStrategy OKnightCrypto Debt financed¡!!!!!!!!!!!!! Crypto.

MicroStrategy OKnightCrypto Why r u so focused on how much .Saylor is losing day to day? 😂

MicroStrategy OKnightCrypto Glorifying the bad news?

MicroStrategy OKnightCrypto Dont be salty saylor stick to the long term plan 🤣

MicroStrategy OKnightCrypto

MicroStrategy OKnightCrypto TokenZilla Fund recently completed the purchase of an additional 10 million dollars worth of Bitcoin on the secondary market. TokenZilla is committed to the web3 revolution and will continue to invest in Bitcoin (BTC) and other cryptocurrencies.

MicroStrategy OKnightCrypto Everyone knew we would get a liquidity squeeze. Saylor knew this. Bitcoin and crypto in general is not immune to this. Not at this point, at least.

MicroStrategy OKnightCrypto 'This is the end. My only friend, the end.' - Jim Morrison on Bitcoin, amirite, MicroStrategy?

MicroStrategy OKnightCrypto Hes a FOMO guy. Gambler.

MicroStrategy OKnightCrypto BTC its goes down more?

MicroStrategy OKnightCrypto It’s time for the cryptocurrency market to decouple from the stock market and let innovation lead the way. Instead of following the gloomy stock market.

MicroStrategy OKnightCrypto

MicroStrategy OKnightCrypto Noob lmao

MicroStrategy OKnightCrypto So what, 💁‍♂️🤣🤣🤣🤣🤣

MicroStrategy OKnightCrypto soon 1 billion up

MicroStrategy OKnightCrypto

MicroStrategy OKnightCrypto His liquidation threshold is below $3,500. Saylor will be just fine.

MicroStrategy OKnightCrypto Çok kötü. Servet. Eridi

MicroStrategy OKnightCrypto Analizustasii

MicroStrategy OKnightCrypto 🚀Airdrop campaign 👉 SHlB_AlRDROP

MicroStrategy OKnightCrypto It's funny that when an airline or auto company has financial trouble, the immediate reaction is to bail them out. Will the government move to bail out MicroStrategy?

MicroStrategy OKnightCrypto Batsın amk

MicroStrategy OKnightCrypto

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