MicroStrategy Bitcoin (BTC) Losses At $1 Billion, MSTR Stock Plummets 25%

Business Intelligence firm MicroStrategy (NASDAQ: MSTR) which has built a huge Bitcoin position on its balance sheet has seen the valuation of its holdings eroding by 25%. As of its latest filing with the U.S. SEC, MicroStrategy has amassed 130,000 Bitcoins for an aggregated investment of $3.97 billion. The firm led by CEO Michael Saylor

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