Strategy stock fell 28% this week after the company broke its own rules and sold some Bitcoin to finance dividend payments. The company traded in line with lower Bitcoin prices, which has fallen to $59,000. Strategy has around 4% of the world's Bitcoin on its balance sheet, valued at approximately $51.3 billion. The company has unrealized losses of around $10 billion on its Bitcoin holdings.
Tap to vote and see what everyone thinks.
Bitcoin Falls To $60,000 As Zcash Bug Rocks Crypto
Summary by ByteBrief