MicroStrategy’s Massive BTC Position Currently in the Red

Michael Saylor’s MicroStrategy currently sits on approximately $320 million unrealized loss due to bitcoin’s recent price plunge.Prompted by the ongoing crash of the cryptocurrency market, Michael Saylor’s company – MicroStrategy – is now in a state of unrealized loss regarding its bitcoin holdings. The organization is the largest corporate holder of the primary digital asset, owning nearly 130,000 BTC.