Michael Saylor Phong Le Usa India MicroStrategy Michael Saylor Phong Le Usa India

MicroStrategy’s Bitcoin holdings take a record $3.4 billion hit

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economictimes.indiatimes.com

MicroStrategy Inc. began buying Bitcoin in bulk in the summer of 2020, CEO Michael Saylor said it was because inflation would make cash worthless.

The crypto pile he has since accumulated was worth $3.4 billion less at the end of the second quarter than the previous one.

Read more on economictimes.indiatimes.com
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