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Michael Saylor's company is suffering losses.
Strategy is facing a nasty unrealized loss. For a long time, the company was profitable or even slightly unprofitable, but now the situation is dire – $11 billion in unrealized losses.
After six years of continuously adding Bitcoin to its balance sheet, the company is down approximately 18%, and its shares continue to show weak performance.
I wonder what will happen if BTC hits $50,000 or even $30,000. Do you think there's a chance Michael Saylor will go bankrupt?
Yes 🐳
No 🔥
#btc #usdt #usdc #xrp #ltc $GT @MU_Traders $ETH $SOL
▪︎ Spot. Very poor. Low buy and sell limits at $62k and $65k per BTC. (first screenshot)
▪︎ Futures. Full of positions...
(second and third screenshots)
If we get squeezed into a sideways market now, the previous low will be knocked out from below...