Bitcoin’s Price Drop Casts Shadows on Mass Holdings Strategy
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In a dramatic turn, Bitcoin‘s value has plummeted from $82,000 to $62,000 over a two-week span, shedding light on Strategy’s extensive Bitcoin reserves and their debt-backed purchasing tactics. This steep decline has led to an unrealized loss of around $14 billion for the company, prompting questions regarding the sustainability of its leveraged approach in volatile […]
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1h ago•
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Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
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bullish:
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bearish:
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bullish:
0
bearish:
0