BREAKING: $MSTR is down -6% today and has crashed -70% in the last year.
Strategy built its entire identity around one trade, buy Bitcoin, never sell.
Yesterday, for the first time in 41 months, Saylor sold 32 BTC worth $2.5M, just 0.0038% of his total holdings.
The company holds 843,706 BTC at an average cost of $75,701 per coin. That position is now sitting at a $6 billion unrealized loss.
The market cap has fallen from over $160 billion to $48.2 billion in 11 months, wiping out $111.8 billion in value.
💥BREAKING:
- Gold crashed today
- Silver crashed today
- Asian stock markets are crashing
- European stock markets are crashing
- US stock markets are crashing
And Bitcoin is still going sideways above $68,000.
Is Bitcoin the new safe haven?
BIGGEST CRASH IN HISTORY OF METALS
$7.4 trillion erased in less than 24 hours.
Silver crashed -32% to $77, wiping out nearly $2.4 trillion from its market cap.
Gold fell -12.2% to $4,708, wiping out nearly $5 trillion from its market cap.