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MicroStrategy (MSTR) Dives on $12.6B Bitcoin Loss but Holds Firm on BTCUSD HODL Strategy

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The Story

News Summary

  • MicroStrategy reported a massive $12.6 billion quarterly loss due to Bitcoin price drops below acquisition cost, highlighting exposure risks.
  • Despite this, the company holds over 713,000 BTC and maintains a buy stance amid Bitcoin's typical volatility and long-term growth outlook.
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76851.36 +16.65% over the displayed period

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