Microstrategy Bitcoin Bet Loss Grows To $1.5 Billion, Stocks Down After $6 Million BTC Buy

Microstrategy Bitcoin Bet Loss Grows To $1.5 Billion, Stocks Down After $6 Million BTC Buy


Bitcoinist
2022-09-21 12:55:15

MicroStrategy made headlines on Tuesday after it announced it has acquired an additional 301 bitcoins during a sharp drop in the price, unfazed of the ongoing market turmoil. The software company founded by Bitcoin bull Michael Saylor has shelled out $6 million for the purchase, making it the largest corporate holder of the crypto, according […]