Media claims that, as Bitcoin weakened, the Bitcoin holding warehouse under the flag of Michael Saylor was again under pressure and the unrealized losses increased to about $14 billion. According to the article, this change is mainly due to the BTC price fall.
Hold the hold.
Strategy is one of the most listed companies with bitcoin. The article mentions that the company has been centrally configured for a long period of time, so that currency fluctuations can be directly reflected in the books.
Saylor has emphasized the long-term value of bitcoin on several occasions in the past, and considers fluctuations normal. According to the article, such a high concentration strategy amplifies the gains at the upswing and the pressure at the backswing.
Market fallback effect
It is mentioned that BTC has returned to the vicinity of $59,000. As prices went down, the unrealized losses of Strategy increased.
The article also states that this was not the first time that Strategy experienced a clear retreat. In the past few years, there have been many large fluctuations in bitcoin, with company hold-ups experiencing swings and losses.
The price of the money will continue.
The article concludes with a focus on the subsequent performance of bitcoin. If the market is retrenched, Strategy ' s book losses may also narrow.
- Strategy is known as one of the most listed companies with bitcoin.
- The article says it has an unrealized loss of about $14 billion.
- BTC Price Falling is a direct source of current pressure