The excitement around Bitcoin has spilled over beyond spot price, data shows, with MSTR going from above $1,300 to $629 in just 17 days.
The Bitcoin (BTC) price correction isn't just hurting individual hodlers — the biggest players are suffering in more ways than one.
Data from markets on March 5 revealed that MicroStrategy, which owns over 91,000 BTC, has seen its stock price dive by more than half in just three weeks.
MicroStrategy keeps buying BTC
On the day that the company confirmed that it had added another 210 BTC to its reserves at a cost of $10 million, MicroStrategy's stock hit local lows of $628.