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LABCS 1,459

by Larry Chiang on June 4, 2026


WordPress’d from my personal iPhone, 650-283-8008, number that Steve Jobs texted me on

•  MicroStrategy’s Bitcoin holdings show a record $10.8 billion unrealized loss after six years of buying, equating to a -17% return on their position.

•  The company’s performance lags sharply behind the S&P 500, which gained +116% over the same timeframe, while MSTR stock sits -77% from its all-time high.

•  Recent sale of 32 Bitcoin at $77,135 each contributed to a $11.8 billion position value drop, underscoring strains in their leveraged Bitcoin strategy amid the ongoing downturn. ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​


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