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MicroStrategy (MSTR) Plunges on $17.4B BTC-Driven Quarterly Loss as Bitcoin (BTCUSD) Slides 15%

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The Story

News Summary

  • MicroStrategy posted a record $17.4 billion quarterly loss due to a nearly 15% bitcoin price drop, turning substantial unrealized gains into heavy losses and plummeting its stock value by over 70% in a year.
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BTCUSD price history

76586.38 +11.36% over the displayed period

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