Rewards Hub MicroStrategy, led by Michael Saylor, is on the brink of a paper loss on its substantial Bitcoin holdings. The company owns 712,647 BTC, valued at approximately $56.06 billion. With an average acquisition cost of $76,037 per Bitcoin, a further 3.34% drop in Bitcoin's price would push the holdings into a loss position.
MicroStrategy Faces Potential Paper Loss on Bitcoin Holdings
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