Michael Saylor’s Strategy is now sitting on a $9,500,000,000 unrealized loss on its Bitcoin stack.


They hold 717,722 $BTC at an average cost of ~$76,020.
Bitcoin is trading well below that.
This is what conviction looks like in a drawdown.
Will this end in disaster…
or go down as one of the boldest trades in history?
BTC-4,52%
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