Strategy has $6.5 billion loss on BTC, but continues trading at premium to value of its assets

Strategy (MSTR), the world’s largest publicly traded corporate holder of bitcoin (BTC), is seeing a quick rise in losses on its vast holdings. The company currently owns 713,502 BTC at an average acquisition price of 76,052.Withspotbitcointradingnear76,052. With spot bitcoin trading near 67,000, this represents an unrealized loss of almost $6.5 billion, or roughly 12% relative to that average cost basis. Read more: Michael Saylor’s bitcoin stack is officially underwater, but here’s why he likely won't reach for the panic button MSTR ...

Strategy has $6.5 billion loss on BTC, but continues trading at premium to value of its assets - Reportify