Coingape

MSTR Stock Crash Deepens as Strategy Hits Historic $10.8B Unrealized Loss

Strategy (NASDAQ: MSTR) has dropped by 26% since June 1, when it announced that it had sold 32 BTC for around $2.4 million. The sale started a vicious cycle. Bitcoin has lost $10,000 since June 1 as traders sold because of panic around the biggest Bitcoin buyer becoming a seller. Bitcoin going down is bad

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