Billionaire Saylor's MicroStrategy Loses over $1.2 Billion within the Bitcoin Crash


Billionaire Michael Saylor and his firm MicroStrategy  (MSTR) – Get MicroStrategy Incorporated Report are on the focal point with the autumn of Bitcoin. 

Saylor is among the most well-known Bitcoin evangelists. He praises the deserves of the king of the cryptocurrencies virtually day by day on his Twitter account adopted by greater than 2.5 million individuals. 

How a lot has he misplaced for the reason that cryptocurrency market crashed? This is the query that’s on everybody’s lips.

Before we even have a look at the numbers, it is protected to say that Saylor and MicroStrategy are among the many greatest losers in Bitcoin’s return to earth as they adopted a cryptocurrency funding technique in 2020.