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MicroStrategy paused 
Bitcoin purchasing after reporting $5.91 billion in Q1 unrealized losses, highlighting the risks of aggressive BTC accumulation.
What’s the Scoop?
- Unrealized Losses: MicroStrategy reported $5.91 billion in unrealized losses in Q1, following a $7.66 billion Bitcoin buying spree.
- No New Purchases: The firm paused additional Bitcoin acquisitions in Q2, citing challenges in raising funds through equity and perpetual offerings.
- Bitcoin Exposure: MicroStrategy continues to hold 3% of Bitcoin's fixed supply, with total purchases amounting to $36 billion.
- Market Impact: The crypto market experienced a 10% drop, with MSTR stock shedding 8% amid global market uncertainty.
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