MSTR Jumps to $120 on Bitcoin Boost to $77,000: What Do Prediction Markets Forecast?
Strategy flipped a $13 billion Bitcoin paper loss into a $1.4 billion gain as BTC neared $77,000, while prediction markets still see downside.
MicroStrategy owns lots of Bitcoin, so when Bitcoin's price went up, their company looked much more valuable on paper. Even though the price jumped, some people watching prediction markets think Bitcoin might go down again.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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