Altcoins News

Story: MicroStrategy Buys 4,871 Bitcoin Despite $14.46 Billion Loss

By Dan Saada

1 / 13

Massive Paper Losses Don't Slow Strategy. The $14.46 billion unrealized loss is staggering. That's real money on paper, even if…

2 / 13

What Comes Next for Bitcoin Holdings. MicroStrategy's next earnings call will be crucial for investors trying to figure out the…

3 / 13

MicroStrategy jumped back into Bitcoin buying mode. The business intelligence firm grabbed 4,871 Bitcoin for $329.

4 / 13

The purchase happened as Bitcoin bounced around the $28,000 level in early April. CEO Michael Saylor's company now holds more than 138,955 Bitcoin total, making it one of the…

5 / 13

The $14.46 billion unrealized loss is staggering. That's real money on paper, even if MicroStrategy hasn't actually sold any Bitcoin to lock in those losses.

6 / 13

Bitcoin peaked above $64,000 back in 2021. Now it's trading around $28,500, which means MicroStrategy bought a lot of Bitcoin at much higher prices.

7 / 13

Still, Saylor won't budge on his Bitcoin strategy. He keeps talking about inflation hedges and Bitcoin being superior to cash or bonds.

8 / 13

Wall Street remains split on MicroStrategy's aggressive Bitcoin accumulation. Some fund managers worry about the company's stock price being so tied to Bitcoin's wild swings.

9 / 13

The regulatory environment adds another layer of uncertainty. While MicroStrategy hasn't faced direct regulatory issues with its Bitcoin holdings, the broader crypto space keeps…

10 / 13

Market watchers expect Saylor to double down on his Bitcoin messaging during the earnings call.

11 / 13

Bitcoin's price action will drive MicroStrategy's stock performance in the near term. If Bitcoin breaks above $30,000 and holds, the company's unrealized losses shrink and…

12 / 13

Saylor bought another 4,871 Bitcoin in March and April, according to the company's latest disclosure.

13 / 13

The company hasn't given any hints about changing its Bitcoin strategy despite the massive unrealized losses.

The Currency Analytics

Want the full story?