MicroStrategy's Bitcoin Holdings Hit $11B Paper Loss on June 4 Amid ETF Outflows

BTC-4.28%
On June 4, MicroStrategy's Bitcoin holdings recorded an $11 billion paper loss. CEO Michael Saylor attributed the decline to ETF outflows and increased spending on AI infrastructure as factors pressuring Bitcoin's price.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments