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Jefferies Downgrades MicroStrategy to 'Underperform;' Shares Slump

The company holds 129,200 bitcoins, which translates into a $1 billion unrealized loss on its investment due to the fall in the BTC price, a report says.

Na-update May 11, 2023, 6:03 p.m. Nailathala Hul 26, 2022, 1:26 p.m. Isinalin ng AI
MicroStrategy Executive Director Michael Saylor (CoinDesk)
MicroStrategy Executive Director Michael Saylor (CoinDesk)