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via Cointelegraph · By Cointelegraph Staff
Saylor Says Bitcoin Slide Is Capital Rotation as Strategy Loss Grows
BTC
BTC/USDT
$84,069.53
-0.11%
$84,069.53
-0.11%
(24s)24h Volume
$15,283,996,402.31
24h H/L
$85,255.00 / $83,183.00
Change: $2,072.00 (2.49%)
Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate
+0.0009%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(02:48 PM UTC)
1 min read
Strategy’s Bitcoin holdings fell deep into paper-loss territory as BTC traded below the company’s average purchase price, renewing scrutiny of Michael Saylor’s Bitcoin treasury model.
Strategy holds 843,706 Bitcoin (BTC) acquired at an average price of $75,699 per coin, with a total cost basis of $63.8 billion. However, the latest Bitcoin downturn sank the value of Strategy’s Bitcoin reserve to…
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