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Friday, November 15, 2024

Here’s how much MicroStrategy is down on its Bitcoin investment

Here’s how much MicroStrategy is down on its Bitcoin investment

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Three years ago, Michael Saylor, the visionary co-founder of MicroStrategy, unveiled a ‘Bitcoin Initiative’ – a corporate strategy aimed at acquiring and steadfastly holding Bitcoin (BTC).

Since then, MicroStrategy has been steadily accumulating BTC regardless of market conditions, becoming the largest publicly listed corporate holder of the maiden cryptocurrency

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