Cryptocurrency Firms Press On Despite Substantial Losses

Despite facing substantial losses, two prominent cryptocurrency investment firms are doubling down on their investments. MSTR, a strategy firm, has made its 100th Bitcoin purchase, adding to its existing holdings of over 717,722 BTC.

The latest acquisition comes at an average price of $67,286 per coin, with the total value of the purchase totaling around $39.8 million. This move marks MSTR's continued commitment to accumulating Bitcoin, despite the current market downturn.