Elon Musk Michael Saylor Bitcoin business Adoption Tesla Elon Musk Michael Saylor Bitcoin

In this together: Musk and Saylor down a combined $1.5B on Bitcoin buys

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cointelegraph.com

As the bear market bites, holding crypto investments can be a tough pill to swallow. Consider two of the largest bag holders of publicly traded companies.

They are down by almost $2 billion dollars on their Bitcoin buys. According to Bitcointreasuries.net, the 130,000 and 43,00 Bitcoin (BTC) held by Microstrategy and Tesla respectively are worth considerable sums less.For Microstrategy, Michael Saylor splashed out almost $4 billion ($3,965,863,658) on 129,218 BTC, approximately 0.615% of the 21 million total supply.

Read more on cointelegraph.com
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