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# Bitcoins Fall Impacts Firms Mimicking Saylor Significantly
Michael Saylor, the head and co-creator of MicroStrategy, began acquiring Bitcoin in 2020. He is presently enjoying a significant $9 billion gain, indicating his Bitcoin risk was worthwhile.
However, those who joined the trend, intending to replicate Saylor’s approach of utilizing Bitcoin to prevent currency depreciation and rising prices, have not experienced similar success.
Even organizations such as Tesla, Jack Dorsey’s Block, and Japan’s Nexon, which invested in Bitcoin years ago, continue to see substantial gains.
MicroStrategy employs a sophisticated blend of debt and equity to mitigate price fluctuations, a strategy not adopted by other Bitcoin-holding firms.
Currently, Bitcoin’s value has decreased by approximately 25% from its peak.
This month has been unstable for Bitcoin, with values fluctuating due to investor concerns regarding the unpredictable policies of US President Trump and the broader US economy.
* Numerous firms sought to emulate Michael Saylor’s strategy by incorporating Bitcoin into their financial records.
* However, the newcomers are not achieving comparable results.
* DL News is monitoring the five firms that have incurred the greatest losses on their Bitcoin investments.
Below is a summary of five firms presently experiencing losses on their Bitcoin ventures.
## Rumble
Rumble, the video-sharing website, is among the most recent participants in the Bitcoin market. They have stated that they are employing Bitcoin to broaden their treasury and safeguard against the “weakening caused by continuous money creation.”
Rumble’s Bitcoin assets are comparatively modest, accounting for roughly 0.6% of its $2.3 billion market capitalization.
However, they acquired their Bitcoin at approximately $91,000 per coin, implying their investment has already decreased by about 9%.
Rumble may still be acquiring Bitcoin. The company’s board authorized a strategy to acquire up to $20 million worth in November.
The video-sharing platform Rumble, the most recent firm to purchase Bitcoin, revealed on March 12 that it had obtained over $17 million worth of Bitcoin.
Rumble Inc. hasn’t yet addressed requests for remarks.
## Meisheng Cultural & Creative
The Hong Kong-based Meisheng Cultural & Creative’s action to acquire Bitcoin is somewhat perplexing.
This small investment holding company’s primary focus is offering trade services such as bricklaying, tiling, and plastering.
However, the company has acquired $69 million worth of Bitcoin through a branch in the last few months, almost matching its $74 million market capitalization.
Director Li Wenjin mentioned that the company’s Bitcoin purchase is geared toward enhancing asset expansion and producing greater value for stakeholders.
However, the company’s average Bitcoin acquisition cost is $89,250, implying that its position is presently underwater by roughly 7%. Yikes!
Meisheng Cultural & Creative hasn’t yet addressed requests for remarks. Toncoin (TON) Value Forecast for March 26th
## Semler Scientific
Semler Scientific initially began as a business centered on the early identification and management of long-term illnesses.
In May 2024, the business started allocating its cash reserves into Bitcoin.
The business issued additional stock to acquire even more Bitcoin, similar to Saylor’s Strategy, a move it asserts is “highly value-accretive” for stakeholders.
However, the recent purchasing binge has increased expenses.
Semler Scientific’s average acquisition cost is currently $87,850, approximately 5% greater than Bitcoin’s present cost. TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America
The company’s $265 million worth of Bitcoin on its records accounts for 82% of its market capitalization. Discuss placing all of your resources in a single venture!
Semler Scientific hasn’t yet addressed requests for remarks.
## Nano Labs
Chinese chip design business Nano Labs is another business plunging headfirst into crypto.
The business acquired $30 million worth of Bitcoin via a branch and, according to a press release, sold $5.9 million worth of shares in February, settled in Bitcoin and the Tether stablecoin USDT.
Nano Labs is acquiring more than simply Bitcoin.
On the 21st of January, a firm declared that it had obtained 47 meme coins centered on President Trump, a representative action in the crypto space.
The Genius Group has voiced its desire to imitate the triumph of enterprises such as Strategy and Metaplanet by investing in Bitcoin, with intentions to possibly release bonds and equities to additionally grow its Bitcoin assets.
Nano Labs has not yet answered inquiries for remarks on the subject.
Bitcoin assets now comprise 35% of the firm’s market cap.
Nevertheless, Nano Labs’ endeavor into Kiyosaki: Global Economy Declining, Predicts Bitcoin at 0,000 doesn’t seem to be yielding benefits as predicted. With an average acquisition cost of $99,700, their assets are underwater by 16% contrasted with the present market value, making them the biggest failure on the list.
The Genius Group has also stayed quiet, not commenting on the circumstance.
So far, the firm possesses 440 Bitcoins, valued at just over $36 million.
Despite the slump, the Genius Group asserts that the worth of its Bitcoin assets surpasses its per-share market capitalization.
The Singapore-based Genius Group, which brands itself as a Bitcoin treasury firm, strives to accumulate 1,000 Bitcoins by the close of the year.
The firm’s Bitcoin assets are worth 158% of its $23 million market capitalization.
Nano Labs mentioned that the acquisition, which cost just over $1,100, was meant to commemorate Trump’s victorious election and exhibit the firm’s backing for his pro-crypto position.
However, with an average acquisition cost of $95,455, the firm’s assets have diminished by 13%.
Tim Craig is a DeFi reporter for DL News situated in Edinburgh. For leads, please reach him at [email protected].
