# Michael Saylor’s Bitcoin Plan Earnings Plunge Under $9 Billion
As Bitcoin’s value declines, MicroStrategy’s revenues take a beating.
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MicroStrategy’s unrealized earnings have greatly reduced as Bitcoin struggles to recover. The total worth of the company’s Bitcoin assets has decreased, with unrealized profits falling under $9 billion.
MicroStrategy has been intensely gathering Bitcoin as part of its treasury reserve plan. However, current value changes, especially after their latest acquisition, have put stress on their assets. The company has been purchasing Bitcoin at different value points, including considerable accumulation near current all-time peaks.
With Bitcoin currently trading around $84,000, worries are growing about the short-term viability of this investing plan. Bitcoin has bounced back from lower support stages but is facing obstacle near $87,000. The upward trend is limited by a descending trendline, preventing Bitcoin from reaching previous peaks.
The 50-day and 100-day moving averages show a mixed perspective as value movements consolidate between key stages. If Prominent Crypto Anarchist Calls for Incineration of Quantum-Compromised Bitcoin breaks through $87,000, it could re-enter a positive phase, targeting $90,000 and greater.
Nevertheless, if the existing base levels cannot be maintained, the $80,000 threshold could be re-evaluated, which could have additional consequences for MicroStrategy in the Bitcoin ecosystem.
Although Michael Saylor is still optimistic about Bitcoin’s future potential, the recent instability has raised concerns about whether it is truly worthwhile to keep purchasing without selling. Given Bitcoin’s unpredictability, a key issue is whether MicroStrategy can maintain its ambitious purchasing strategy without facing liquidity concerns.
At the moment, Bitcoin’s upcoming significant action will determine if MicroStrategy’s assets will grow or continue to decline. As Bitcoin tries to stabilize in a turbulent market, analysts and investors will be watching intently.
