Bitcoin Rally Sends MSTR Above $100 Amid Warning of 'Difficult Years'
Strategy shares closed above $100 after jumping 12.15% on August 19, thanks to Bitcoin's rapid climb towards $70,000.
Michael Saylor warned shareholders they may need a time horizon of up to 10 years as Strategy continues using complex financing tools around its Bitcoin treasury.
The company's 840,447 BTC holdings are worth about $57.4 billion, below the $63.36 billion spent acquiring them.