Bitcoin up, MicroStrategy down over past 30 days
Bitcoin ironically dipped below $94K during the firework-filled climax to MicroStrategy founder Michael Saylor’s “$100K” New Year’s Eve party.
Bitcoin ironically dipped below $94K during the firework-filled climax to MicroStrategy founder Michael Saylor’s “$100K” New Year’s Eve party.
In November 2022, MicroStrategy had liquidation prices on its bitcoin that the crash almost triggered. Nowadays, its debts are different.
Any blackout could devastate MicroStrategy investors who have come to expect weekly BTC buys from Executive Chairman Michael Saylor.
For years, Michael Saylor has promised a ‘very expensive’ party to celebrate BTC hitting $100K. He will host it on New Year’s Eve.
MicroStrategy failed to outperform BTC this weekend as its share price and NAV premium came nowhere close to all-time highs.