Saturday, 31 July 2021

MicroStrategy CEO Michael Saylor Bullish on Bitcoin Despite Loss on Paper

Bitcoin's largest corporate investor MicroStrategy has decided to continue to pour money into its “digital asset strategy” despite taking a loss. The US-based business intelligence software developer said the current value of its Bitcoin holdings was $2.051 billion (roughly Rs. 15,255 crores), that was a cumulative impairment loss of $689.60 million (roughly Rs. 5...

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