MicroStrategy Won’t Change Bitcoin Plans Despite Recent Declines, New CFO Says

MicroStrategy Inc.’s

new chief financial officer on Wednesday said its strategy to buy and hold bitcoin long term won’t change despite the recent selloff in the digital asset, which has dented the value of the analytics-software company’s holdings.Bitcoin and other cryptocurrencies have plummeted this month, in part due to investor concerns over persistent high inflation and the collapse of the TerraUSD stablecoin. Bitcoin’s price has slumped by 32%…
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