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Who Actually Pays When MicroStrategy’s $64 Billion Bitcoin Bet Goes Wrong? - Yahoo Finance
.1 min read
MicroStrategy's substantial investment in Bitcoin, now valued at approximately $64 billion, raises questions about the potential financial repercussions if the cryptocurrency market declines. Analysts are examining who would bear the costs of such a loss, considering the company's strategy of using debt to finance its Bitcoin purchases. The outcome could significantly impact shareholders and the broader market if MicroStrategy's bet does not pay off.
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Source: Google News Crypto · Report an issue
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