MicroStrategy BTC paper loss hits $1.3B but no plans to stop trading bitcoin

MicroStrategy BTC paper loss hits $1.3B but no plans to stop trading bitcoin

Market Analysis
February 3, 2023 by secret
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[ad_1] MicroStrategy registered $34 million in its first-ever bitcoin sale. The company registered a paper loss of over 1 billion in 2022. MicroStrategy made its first bitcoin purchase in August 2020. Despite making a paper loss of about $1.3 billion in 2022, MicroStrategy’s chief financial officer, Andrew Kang, said that the company will continue trading