MicroStrategy Signals Potential Bitcoin Purchase Amid $13B Unrealized Losses as of June 22

BTC0.35%
According to Saylor's post on social media platform X, Michael Saylor, founder of MicroStrategy, the world's largest institutional Bitcoin investor, signaled a potential new Bitcoin purchase announcement may be coming. As of June 22, MicroStrategy held 847,363 BTC at an average cost of $75,646, with Bitcoin trading around $60,000, resulting in approximately $13 billion in unrealized losses. The company most recently purchased 520 BTC for approximately $35 million on June 22 while increasing cash reserves to $1.4 billion.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments