Big news about Bitcoin and a company called MicroStrategy (MSTR)! MSTR owns a lot of Bitcoin, like a giant piggy bank filled with digital coins. Recently, the price of Bitcoin went down, and so did MSTR's stock price. But don't worry, MSTR still made money from its Bitcoin!
- Bitcoin's price dropped, but MSTR is still profitable from its Bitcoin.
- MSTR has a lot of debt, but its Bitcoin is worth much more than its debts.
- Experts say Bitcoin would need to drop a LOT more before MSTR would need to sell any of its Bitcoin.
| Fact | Number |
|---|---|
| MSTR's Bitcoin holdings are worth | $43.4 billion |
| MSTR's total debt | $8.2 billion |
| Percent drop in MSTR stock price | ~55% |
