The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss.
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The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss.
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MicroStrategy’s Michael Saylor has no intention of selling from his firm’s $5 billion Bitcoin chest despite a 40% drop in the value.
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The company’s Q3 Bitcoin spend now stands at almost $420 million following this latest BTC acquisition.
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