BITCOIN
Updated 22 days ago
Bitcoin has made a slow start to the new year as crypto traders rest up for the Christmas break. The largest cryptocurrency by market capitalization has fallen about 8% in the past week as demand from buyers has dropped dramatically...
MicroStrategy initially allocated its assets in such a way as to continue to hodl in "unfavorable conditions" in the market. The company holds 129,218 BTC. Amid the collapse in the price of the first cryptocurrency, MicroStrategy's loss from bitcoin holdings exceeded $1 billion. Saylor has consistently stressed that the company will continue to follow its strategy of buying and holding bitcoin. He is convinced that this policy will provide the software vendor with a "bright future" for years to come...
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