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News Explorer — Strategy's Bitcoin Holdings Down Nearly $6 Billion in Q1

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Apr 7, 4:15 pm
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Strategy's Bitcoin Holdings Down Nearly $6 Billion in Q1

Strategy, formerly MicroStrategy, faces unrealized losses of $5.91 billion on Bitcoin holdings in the first quarter, potentially impacting future profitability. The company spent $7.7 billion on Bitcoin in Q1, with holdings unchanged at 528,185 Bitcoin worth $41.3 billion.

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