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Michael Saylor’s $4B Bitcoin Gamble Is Slowly But Steadily Inching Towards Profitability

With Bitcoin maximalist Michael Saylor at the helm of the business, the cloud-based technology company MicroStrategy has acquired 138,955 BTC over the course of the past three years, investing over $4 billion in the world’s first decentralized cryptocurrency.

It is possible that MicroStrategy will be able to avoid incurring an impairment charge and writing down the value of its holdings for the first time in ten quarters, as per a Bloomberg report. 

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