MicroStrategy's bitcoin holdings dropped 58% from ~$5.9B at the end of Q1 2022 to ~$2.45B at the end of Q2 2022; its stock is down 70.13% year to date (Immanual John Milton/Bloomberg)

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Immanual John Milton / Bloomberg:

MicroStrategy’s bitcoin holdings dropped 58% from ~$5.9B at the end of Q1 2022 to ~$2.45B at the end of Q2 2022; its stock is down 70.13% year to date  —  When MicroStrategy Inc. began buying Bitcoin in bulk in the summer of 2020, CEO Michael Saylor said it was because inflation would make cash worthless.


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