Why MicroStrategy's Stock Dropped 45% Despite Bitcoin Holdings

Why MicroStrategy's Stock Dropped 45% Despite Bitcoin Holdings

Once a favorite of Bitcoin investors, MicroStrategy (NASDAQ: MSTR) has experienced a 45% decline in share price since reaching a peak in November. With its most recent $200 million acquisition, the software corporation, which has its headquarters in Tysons, Virginia, has grown to become the largest corporate Bitcoin holder in the world by using its balance sheet to accumulate an incredible 446,400 BTC, valued at $43 billion. These audacious act...

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