Options Market Statistics: Strategy's Stock Slides After Bitcoin Decline Hits Company's Value
$MicroStrategy(MSTR)$
Strategy said it expects to report a loss for the first quarter of 2025, mainly because of a $5.91 billion drop in the value of its Bitcoin holdings.
The company owns 528,185 Bitcoins, bought at an average price of $67,485 each. Those holdings are now worth about $41.3 billion. A $1.69 billion tax benefit will help reduce the loss, but Strategy warned that its future profits are still uncertain due to the ups and downs of crypto prices.
Bitcoin has fallen to around $78,200, the lowest in five months, as investor worries grow over Donald Trump's proposed tariffs, which have hurt riskier investments like crypto.
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