BTC crash hits MicroStrategy as Saylor risks grow: Is Michael Saylor’s biggest bet in trouble as Bitcoin price crashes to $83,000? MicroStrategy stock collapses as Saylor’s Bitcoin bet faces a test
Bitcoin fell to $83,184.77 today, down 3.86% or $3,339.18, extending a brutal sell-off that has pushed the world’s largest cryptocurrency to its lowest level since April. The drop marks a nearly 32% decline from its all-time high, and the move has reignited fears that the 2025 bull run may be slipping into a deeper correction.
The shockwave hit MicroStrategy even harder. The company’s stock has collapsed more than 40% this week and now sits 67% below its recent peak, breaking a major 1,021-day support trend line that had held since March 2023.
Pressure is mounting on Michael Saylor’s long-running Bitcoin strategy as MicroStrategy’s 649,870 BTC holdings, purchased at an average cost of $74,433, move closer to break-even. Bitcoin…
