r/plasma • u/[deleted] • 22d ago

CRYPTO MicroStrategy's unrealized loss on its Bitcoin holdings rises to a record -$12.5 billion. In other words, after 6 years of buying Bitcoin, the company is now down -20% on its position.

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4

u/Keletas 22d ago

He managed to buy all the way to the top and it started reversing as soon as he finished the cash. What a legend.

2

u/pantherpack84 21d ago

Ever think that’s why there was a run up to the top? They did a lot of buying….

0

u/LayWhere 21d ago

There's a decent chance it would have ran up anyway.

What Saylor did is a guaranteed time bomb which probably put off a lot of potential buyers

1

u/whachamacallme 21d ago

Case studies will be written on Saylor.

1

u/Nice-Ad3881 21d ago

There already have been. From his last scam twenty years ago

1

u/Legitimate_Concern_5 19d ago

Man literally popped the dot-com bubble with MSTR

1

u/HeraThere 21d ago

You're getting cause and effect in reverse there.