#Michael Saylor is looking pretty worried. MicroStrategy got hit because of Bitcoin’s recent dip. BTC fell below $70,000 for a while, and the company holds 713,502 BTC. At today’s price, that’s about $49.9 billion, but they bought it at an average of $76,000 per coin. That means they now have an unrealized loss of around $4.4 billion. Even for a big Bitcoin supporter like Michael Saylor, this loss really stings. What do you think will BTC bounce back and cover this loss, or could it fall further?

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