Bitcoin24h $118,690.76+0.91%

Ethereum24h $3,367.33+7.59%

XRP24h $3.04+4.09%

BNB24h $708.32+2.27%

Solana24h $173.29+5.69%

Dogecoin24h $0.2129+7.42%

TRON24h $0.3089+2.79%

Cardano24h $0.7631+2.42%

Hyperliquid24h $46.67-2.28%

Stellar24h $0.4556+0.92%

Bitcoin dump and $2B dilution crash MicroStrategy 30%

MicroStrategy shed $7.4B of its value over the weekend as investors responded to Japanese markets, share dilution, and a BTC decline.

MicroStrategy has spent $2.7B on buying bitcoin over current prices

Michael Saylor has led MicroStrategy to purchase bitcoin above current prices on no less than nine separate occasions.

Michael Saylor got predictions about unregistered securities, spot Ethereum ETFs, and institutional investor support completely wrong.

This month alone, Michael Saylor has sold over $70 million worth of MicroStrategy stock, while in March he sold $144 million.

According to its most recent 8K, MicroStrategy, holds 214,246 bitcoins — between 1.3% and 1.8% of all bitcoin that can ever be moved.