@CryptoSorted
more from that month
MicroStrategy spent about $4 billion for its 129,218 BTC holdings which are now worth around $3 billion. This means they're down by up to $1 billion right now. At the same time, their stock [price is also haemorrhaging profusely... ...I'm just saying, "you're not alone". #cryptocurrency #crypto #defi
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And if they get liquidated, we'll see another move down ...
This is my fear too. If something like that happens I think it could be so severe for the space that it'd be the final capitulation