#COULD MicroStrategy Company BTC craze come to bite
If Bitcoin were to fall any further, the company could be in real trouble possibly creating a negative knock on effect that could destabilize the cryptocurrency market further.
Just one week after acquiring a further 20,356 $BTC valued at $1.9 billion, prices fell to $83,368, leading to $300 million losses within 2 days.
The company’s risk investment strategy where it holds 499,096 coins appears worrisome with it’s
Stock having dropped to $241 from a high of $543 in November, which is never a good sign.
If the worst were to happen, a knock on effect on it’s shareholders like VANGUARD, BLACK-ROCK, creating a negative ripple effect on coins.