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A Bitcoin investment strategy recorded a $13 billion unrealized loss. The figure reflects the current market value of holdings against their purchase price.
coindesk.comA Bitcoin investment strategy recorded a $13 billion unrealized loss. The loss represents the difference between the current market value of the holdings and the price at which the Bitcoin was acquired.
Background The investment is tied to a corporate approach that accumulated Bitcoin over multiple years. Market price movements determine whether such holdings show gains or losses on an unrealized basis. No sale has occurred, so the figure does not reflect realized profit or loss.
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