Bitcoin Retreat for $49,000… US companies’ share price of’debt investment’ is 7.7%↓

Bitcoin model
Bitcoin model

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(Seoul = Yonhap News) Reporter Gwiwon Lee = The price of bitcoin, which exceeded the 50,000 dollar mark for the first time, has retreated to the 49,000 dollar level.

According to CoinDesk, a cryptocurrency site, as of 8:56 am Korean time on the 17th, bitcoins are being traded for $49,297 (approximately 5459 million won) per piece.

Earlier, the price of bitcoin rose to $55,84 the night before, breaking through the $50,000 mark for the first time ever.

Tesla, a U.S. electric vehicle company, bought $1.5 billion worth of bitcoin. Recently, more and more mainstream financial companies and companies have participated as new investors or recognized virtual currency as business assets.

However, while doubts about the actual value and future of bitcoin still remain unanswered, there is also a cautionary theory that a careful approach should be made to reflect the collapse of three years ago.

The market reaction was not favorable when MicroStrategy, an American software company known for its large-scale cryptocurrency investment, announced on the 16th (local time) that it plans to issue a convertible bond (CB) of $600 million to secure the purchase of Bitcoin.

The company’s stock price closed down 7.67% in the NASDAQ market on the same day.

Microstrat announced the first purchase of bitcoins in August last year, and currently holds about 72,000 bitcoins. The value of the holding bitcoin is about 3.6 billion dollars.

Michael Sailor, co-founder and CEO of the company, was a bitcoin advocate who tweeted in December of last year to encourage Tesla CEO Elon Musk to buy bitcoin.

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