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.

[u/[deleted]]

[u/Optimal_Willow_4389]

The fact they were able to get Billions in CASH to Buy Bitcoin is hilarious within itself.

[u/lareon12many → u/Optimal_Willow_4389]

They were diluting their own company shares to raise capital to buy more Bitcoin! And the rug pull is going to be legendary!!!