MicroStrategy Stock Outpaces Bitcoin Fall, Saylor Loses $3.4 Billion
In the summer of 2020, MicroStrategy CEO Michael Saylor instructed his finance department to start buying Bitcoin in bulk, claiming that growing inflation would render cash basically worthless. He was right about the last part, but not so much about the first part. Bitcoin grew from $10k all the way to $69k and Saylor was […]