Bitcoin remains central to Strategy's treasury plan as Chairman Michael Saylor stated the company will continue buying the asset despite more than $5 billion in unrealized losses. Bitcoin is trading near $69,126, while the firm's stock gained nearly 9% in after-hours trading on Friday.
Saylor's Strategy Hints at Bigger Bitcoin Buy Amid $5B Unrealized Losses
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MicroStrategy Chairman Michael Saylor said Friday the company will continue buying Bitcoin despite more than $5 billion in unrealized losses; Bitcoin trading near $69,126; MicroStrategy shares rose nearly 9% in after-hours trading Friday.
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