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Bitcoin

Michael Saylor teases fresh Bitcoin move amid Strategy’s $1B paper loss

Image: AMBCrypto

Strategy’s Michael Saylor has come up with a fresh tease after the U.S. midterm elections. This time he took to X and noted, Connecting the dots. This also draws familiarity to his past pattern when he used to come up with new BTC teases on Sunadys and then add new BTC to Strategy's treasury on Mondays. Strategy faces the test of time However, this time things are a little different, as Strategy's Bitcoin [BTC] investment has moved into unrealized losses as BTC has fallen below the company's average purchase price of $75,451. With its holdings valued below the total acquisition cost, the company is now sitting on approximately $1 billion in paper losses, as per Bull Theory’s recent update.

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