MicroStrategy Now Down $1B on its Bitcoin Bet

2022-6-13 17:49

MicroStrategy's unrealized bitcoin losses now stand at $1 billion following the asset's fall to $23,000 on Monday.

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MicroStrategy bought $167M worth of Bitcoin in Q3 2023, holds over $4B total

Steadfast Bitcoin investor MicroStrategy announced that it purchased another batch of Bitcoin in its Q3 2023 earnings report on Nov. 1. Andrew Kang, Chief Financial Officer (CFO) at MicroStrategy, said: “We further increased our total bitcoin holdings to 158,400 bitcoins, adding 6,067 bitcoins since the end of the second quarter.

2023-11-2 02:45