Big news in the world of Bitcoin! A company called MicroStrategy invests a lot of its money in Bitcoin, kind of like a big piggy bank filled with Bitcoin. Recently, the value of Bitcoin went down, and so did the value of MicroStrategy's stock (like a share of ownership in the company). This made some people worried.
- Bitcoin's price dropped to around $88,600.
- MicroStrategy's stock price also fell sharply.
- There were concerns about MicroStrategy having to sell its Bitcoin.
- Experts think the market is adjusting after a period of fast growth.
| Fact | Number |
|---|---|
| MicroStrategy's Bitcoin holdings (in USD) | $44.3 billion |
| MicroStrategy's stock price drop (in %) | >11% in one day, >13.5% this year |
| Bitcoin's price drop (in USD) | ~ $86,000 (low point) |
| Total crypto market value (in USD) | ~$3 trillion |
