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Strategy Reports $14.5 Billion Loss in Q1 as Saylor Continues to Accumulate Bitcoin

Strategy Reports $14.5 Billion Loss in Q1 as Saylor Continues to Accumulate Bitcoin

Strategy reported a $14.5 billion unrealized loss in the first quarter as Bitcoin declined, yet the company continued accumulating the asset. The loss followed a 23% drop in Bitcoin’s price during the quarter, marking its weakest start since 2018. At the same time, Strategy recorded a pending income tax benefit of about $2.4 billion. Ad

The post Strategy Reports $14.5 Billion Loss in Q1 as Saylor Continues to Accumulate Bitcoin appeared first on CoinGape.

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