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A comment on Shorting Bitcoin. Parent comment
If the price of Bitcoin fell 50% from today's price of $36,404 it would be at $18,202.
They would be down $7878 on their cost per bitcoin, under 30% loss on their total investment.
https://www.cnbc.com/2021/06/21/microstrategy-owns-over-3-bi...
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If the price of Bitcoin fell 50% from today's price of $36,404 it would be at $18,202.
They would be down $7878 on their cost per bitcoin, under 30% loss on their total investment.
https://www.cnbc.com/2021/06/21/microstrategy-owns-over-3-bi...