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• MicroStrategy’s Bitcoin holdings show a record $10.8 billion unrealized loss after six years of buying, equating to a -17% return on their position.
• The company’s performance lags sharply behind the S&P 500, which gained +116% over the same timeframe, while MSTR stock sits -77% from its all-time high.
• Recent sale of 32 Bitcoin at $77,135 each contributed to a $11.8 billion position value drop, underscoring strains in their leveraged Bitcoin strategy amid the ongoing downturn.
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