In this together: Musk and Saylor down a combined $1.5B on Bitcoin buys
Tesla and Microstrategy have a combined impairment loss of almost $1.5 billion —will they HODL on? As the bear market bites, holding crypto investments can be a tough pill to swallow. Consider two of the largest bag holders of publicly traded companies. They are down by almost $2 billion dollars on their Bitcoin buys. According to Bitcointreasuries.net, the 130,000 and 43,00 Bitcoin (BTC) held by Microstrategy and Tesla respectively are worth considerable sums less.The top "Hodlers" of Bitcoin according to Bitcointreasuries.netFor Microstrategy, Michael Saylor splashed out almost $4....
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CEO Michael Saylor bought the coins for an average price of $31,808.