The biggest corporate investor in bitcoin said it did not buy any of the cryptocurrency during the recent stock-market turmoil
Published: April 7, 2025 at 3:06 p.m. ET
MicroStrategy Inc., the business-analytics software company that touts itself as the largest bitcoin-treasury company, disclosed Monday that it recorded nearly $6 billion in losses on its cryptocurrency assets during the first quarter.
Shares of the Virginia-based company MSTR, which now does business as Strategy, dropped 6.3% in afternoon trading Monday.
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