MicroStrategy’s unrealized loss exceeded $1 billion as Bitcoin plunged below $23,000.
The software company MicroStrategy, one of the leading figures in the crypto money world, has exceeded 1 billion dollars in unrealized losses in Bitcoin assets. The company had invested roughly $4 billion in Bitcoin, which it started buying at $12,000 since August 2020. Now, with the sharp decline in the market, this has dropped below $3 billion. The company holds 129,918 BTC.
As it is known, Bitcoin fell to $ 22,600, falling to levels it has not seen since December 2020. Bitcoin is trading at $ 23,100 at the time of publication.
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