Why is MicroStrategy under pressure now?

[ed]

Bitcoin slid to ~$60,000, roughly 21% below MicroStrategy’s average purchase price of $76,000 per coin. With 713,500 BTC in its treasury, this creates billions in unrealized losses and pushes the stock below the value of its Bitcoin holdings.

[cryptohog]

reminds me why buying btc with corporate balance sheets is not a hobby, it’s a financial statement commitment

[Revenant]

Conviction looks easy in bull markets.

[bred]

Balance-sheet Bitcoin is a long game.

[The_Walking_Dead]

Unrealized losses test real belief.

[Capybara_Capybara]

Volatility doesn’t care who’s buying.