El Salvador, Microstrategy, Tesla & Block Intensifies Their BTC Losses

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Bitcoin investments in the El Salvador had experienced unrealized losses of up to 50% as of Monday.

El Salvador, MicroStrategy, Tesla, and Block all reported greater unrealized losses on their bitcoin holdings following global cryptocurrency market crash.

Bitcoin prices have fallen to its lowest level since December 2020, plunging more than 10% in the previous 24 hours to $23,750.    

El Salvador owns 2,301 bitcoins, with an average purchase price of $45,171.86.