Now that Bitcoin is crashing...🩸


It’s important to look at the absolute wreckage inside MicroStrategy right now ( $MSTR)
- portfolio plunges to a record -$10.8B unrealized loss
- down -17% after 6 years of buying BTC
- vastly underperforms S&P 500 (+116% over same period)
- Sold 32 BTC at $77,135
- stock plunges -77% from its absolute record high

Now lets talk about what happens if we crash further:
- total paper loss reaches -$21.76B if Bitcoin hits $50k
- total paper loss escalates to -$30.18B at $40k flat
- total paper loss hits -$38.61B at $30k
- retail investors are getting absolutely wiped out in the carnage
The dividend crisis:
- questions mount over how he can afford to continue paying $STRC at 12% a year
- it was designed to stay around $100 forever
- the price is now $95 and crashing
- you have to be worried what comes next
outcome:
A multi-billion dollar bet facing complete financial ruin at the average price somewhere around the speculated $8,000-$12,000 area.
Still miles away from any real stress, but the concerns are starting to creep back into conversation.
BTC-5.54%
MSTR1.11%
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