Bitcoin Fails MicroStrategy, Over 1 Billion USD In Loss
MicroStrategy is at an unrealized loss of over $1 billion. This loss is due to the rapid continuous fall of the price of Bitcoin. The CEO, Michael Saylor says he will continue to hold Bitcoin as he has faith in the asset. It is no secret that MicroStrategy’s CEO — Michael Saylor, is a huge fan of Bitcoin, its philosophy, and everything it stands for. Over the last year, the CEO has spent millions investing in Bitcoin (BTC). Presently, with the price of Bitcoin falling at an exponential rate, many investors are panic selling. In contrast, others continue to hold