According to price projections created by the well-known influencer and broadly reproduced by analysis platforms such as Coinglass, one Bitcoin should be worth $51,692 by September 14, 2023. However, 1 BTC is priced at $26,400 by press time. A value close to two times lower than the model’s ‘fair value’. You are unable to access tradersunion.com Net loss for the quarter was $(45.3) million, or $(0.25) per share, compared to a net loss of $(32.4) million, or $(0.21) per share for the same period in 2022. The net loss for the quarter included non-cash stock-based compensation expense of $13.5 million, depreciation and amortization of $64.6 million, and charges of $4.0 million related to impairment of our Bitcoin.