Strategy’s Bitcoin bet sinks $12 billion underwater as STRC traders brace for more pain
Strategy’s Bitcoin holdings have fallen roughly $12 billion below their purchase cost, placing the company’s capital-raising model under its sharpest pressure since it accelerated its Bitcoin treasury strategy. The company held 847,363 Bitcoin as of June 21, acquired for an aggregate $64.1 billion at an average price of $75,651. With the top crypto recently trading […]
The post Strategy’s Bitcoin bet sinks $12 billion underwater as STRC traders brace for more pain appeared first on CryptoSlate.
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