Quartz·1 min read·medium
Strategy swings to an $8.2 billion loss as bitcoin's slide batters its holdings
✦AI Summary
The bitcoin treasury company Strategy reported an $8.32 billion unrealized loss due to the recent decline in bitcoin's market value. The loss reflects the difference between the company's average purchase price and current market trading levels.
The bitcoin treasury company reported an $8.32 billion unrealized markdown on its holdings as bitcoin traded well below its average purchase price
businesseconomycrypto
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