Michael Saylor posts cryptic Strategy chart after $216 million bitcoin sale: ‘Orange dots tell only part of the story’
Strategy holds 843,775 BTC at an average cost of $75,476, leaving the position roughly $9.7 billion underwater with bitcoin trading near $64,000....
Key takeaways
- 1MicroStrategy holds 843,775 BTC at average cost of $75,476 per coin.
- 2Position is approximately $9.7 billion underwater with Bitcoin at $64,000.
- 3Michael Saylor posted cryptic chart after $216 million Bitcoin sale.
Coins in this story
Why it matters
Shows institutional Bitcoin holders like MicroStrategy facing significant unrealized losses, signaling potential market sentiment shifts. For Indian retail investors, this highlights volatility and risk in crypto holdings despite long-term institutional commitment.
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