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Tuesday, Sep 27, 2022

MicroStrategy’s Saylor Drops CEO Role as Company Posts $1 Billion Bitcoin Investment Loss

MicroStrategy’s Saylor Drops CEO Role as Company Posts $1 Billion Bitcoin Investment Loss

MicroStrategy Inc. co-founder Michael Saylor gave up his chief executive officer title and said he’ll focus more on Bitcoin after the enterprise-software maker reported a loss of more than $1 billion related to the second-quarter plunge in the price of the cryptocurrency.
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