No result
Show results
DigitalTrend.cz
en_US English
en_US English cs_CZ Čeština sk_SK Slovenčina de_DE Deutsch es_ES Español it_IT Italiano nl_NL Nederlands ru_RU Русский vi Tiếng Việt ko_KR 한국어 ja 日本語 zh_CN 简体中文
  • Introduction
  • Cryptocurrencies
    • Cryptocurrency prices
    • Where to buy bitcoin and cryptocurrencies
  • Internet
  • Online shopping
  • Introduction
  • Cryptocurrencies
    • Cryptocurrency prices
    • Where to buy bitcoin and cryptocurrencies
  • Internet
  • Online shopping
No result
Show results
DigitalTrend.cz
No result
Show results

As Bitcoin declines, so does Microstrategy's share price

RB from RB
June 14, 2022
in News
Time: 2 min
AND AND
0
Register on the largest exchange Binance and get a bonus up to $600 including automatic cashback up to 40%!

MicroStrategy, the largest institutional holder of BTC, is again in the red thanks to its massive bitcoin position. Stocks companies fell freely yesterday and the double-digit price drop led to a multi-year low.

You might be interested in: Best Forex Broker in Europe - Top Forex Broker Platforms in 2022

Shares of MicroStrategy fell 22.5 %

What began in the summer of 2020 - after the outbreak of the COVID-19 pandemic - has become a crypto-world phenomenon. The American software company began frequent purchases and accumulated massive amounts of BTC, some smaller, some billions of dollars, and became the company's largest holder of the primary cryptocurrency.

Following the last announced purchase earlier this year, MicroStrategy's BTC holdings are now 129,218 BTC. The company amassed them for an average price of approximately $ 30,700.

However, this means that the organization led by Michael Saylor is now in an unrealized loss, as the primary cryptocurrency has fallen sharply in the last few days, recording the lowest price since December 2020 of $ 21,245 at the time of writing.

Simple math shows that MicroStrategy has spent less than $ 4 billion to acquire all of its bitcoin holdings. Given the current price of BTC, this means that the company's position is now worth less than $ 3 billion, which represents a total unrealized loss of a whopping $ 1 billion.

During the mid-May correction, MicroStrategy announced that if BTC fell to $ 21,062, its $ 205 million loan from Silvergate would be liquidated. However, the company is prepared to use more of its BTC as collateral to prevent this.

Despite the ongoing crisis, Saylor remains bullish and predicts a price of $ 1 million in the near future.

While the crypt market is in ruins, stock markets, indices and large corporations have also seen corrections. However, one of the worst affected is MicroStrategy. As a company with a massive exposure to BTC - an asset that has fallen by more than 20 % since the markets were last opened, MicroStrategy shares have experienced adverse effects.

MSTRs fell 22.5 % per day, currently trading at $ 151. The shares reached an all-time high at the beginning of last year and the price briefly exceeded USD 1,000. However, this means that MicroStrategy shares have now fallen by 85 % in less than a year and a half.

TradingView Chart
source: TradingView

In addition to MicroStrategy, shares of other cryptocurrency companies such as Riot Blockchain and Coinbase Global also fell. Both experienced more than 13% decline per day.

Do not miss: Huobi Review - A robust platform with a wide range of services and products

Interesting events for our readers

Binance

Trade with up to 60% off fees and a $600 bonus

Open an account Review

Phemex

Free bonus up to $ 2,500 upon registration and deposit

Open an account Review

Bybit

Free bonus up to 3650 USD after registration and deposit

Open an account Review
All content in this article is for informational purposes only and does not in any way serve as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.
Tags: stocksMicrostrategydecrease

Similarly articles

Altcoin Season Picks Up — TOKEN6900 Nears $1M Raised Among Notable New Tokens
News

Sezóna altcoinů nabírá na obrátkách — TOKEN6900 se blíží k 1 milionu dolarů vybraných mezi významnými novými tokeny

July 23, 2025
Bitcoin HYPER: An Emerging Layer-2 Presale Project in 2025 with Growth Potential
News

Bitcoin HYPER: Nově vznikající projekt presale vrstvy 2 v roce 2025 s potenciálem růstu

July 22, 2025
Fortune 500 Taps into Crypto: Coinbase CEO Teases $10T Stablecoin Revolution
News

Fortune 500 se zaměřuje na kryptoměny: generální ředitel Coinbase naznačuje revoluci stabilních mincí v hodnotě 10 bilionů dolarů

July 19, 2025
Russia’s Sberbank Eyes Major Crypto Role with Surprise Custody Move Amid Sanctions Shift
News

Ruská Sberbank se zaměřuje na významnou roli v kryptoměnách s překvapivým krokem v oblasti úschovy uprostřed změny sankcí

July 18, 2025
SPX6900 Reaches New All-Time High — TOKEN6900 Gains Interest as a Potential Crypto for 2025
News

SPX6900 dosahuje nového historického maxima — TOKEN6900 získává zájem jako potenciální kryptoměna pro rok 2025

July 21, 2025
Satoshi-Era Whale Awakens: $1B in Bitcoin Moved to Galaxy Digital After 14 Years
News

Satoshi-éra velryba se probouzí: 1 miliarda dolarů v Bitcoinech převedena na Galaxy Digital po 14 letech

July 17, 2025
Sign in and comment.
  • We recommend

    • Get 60% back and a $600 bonus through us!
    • Reliability
    • Wide selection of cryptocurrencies
    • CPC support
    Visit Review
    More info
    • Free bonus up to 3650 USD after registration and deposit
    • Reliability
    • Low fees
    Visit Review
    More info
    • Free bonus up to $ 2,500 upon registration and deposit
    • Reliability
    • Wide selection of cryptocurrencies
    Visit Review
    More info

Tags

stocks analysis bankruptcy binance bitcoin blockchain btc cryptocurrency exchange cardano coinbase cpi dogecoin to kwon do ecb elon musk eth etherium Ethereum The Merge European Union FED FTX inflation investment crypto exchange cryptocurrencies LTH bear market instructions on-chain data fees survey review recession regulation of cryptocurrencies Russia Sam Bankman-Fried Sec Solana stablecoiny Terraform Labs tether miners usa Vitalik Buterin gold

Recent Posts

  • Šéf ETF společnosti Grayscale David LaValle odejde před IPO firmy: Unchained
  • Polymarket zvažuje nativní stablecoin, aby získal výnos, když se dívá na návrat do USA
  • Sezóna altcoinů nabírá na obrátkách — TOKEN6900 se blíží k 1 milionu dolarů vybraných mezi významnými novými tokeny
  • Elon Muskova SpaceX převedla 153 milionů dolarů v Bitcoinech poprvé za 3 roky
  • Strategie odhaluje „STRC“ perpetuální preferenční akcie na posílení svého bitcoinového majetku
  • Bitcoin HYPER: Nově vznikající projekt presale vrstvy 2 v roce 2025 s potenciálem růstu
  • Veltrixa.io odhaluje finanční ekosystém poháněný umělou inteligencí

© 2022 DigitalTrend

No result
Show results
  • Introduction
  • Cryptocurrencies
    • Cryptocurrency prices
    • Where to buy bitcoin and cryptocurrencies
  • Internet
  • Online shopping

© 2022 DigitalTrend

Welcome back!

Log in to your account below

Don't have a password?

Get a password

Enter your login name or email.

Login
cs_CZ Čeština
cs_CZ Čeština
sk_SK Slovenčina
en_US English
de_DE Deutsch
es_ES Español
it_IT Italiano
nl_NL Nederlands
ru_RU Русский
vi Tiếng Việt
ko_KR 한국어
ja 日本語
zh_CN 简体中文
We use cookies to provide you with a better browsing experience, analyze web traffic, customize content, and display targeted ads. If you continue to use this website, you agree to the use of cookies by us.