That 'Western elites' like Charlie Munger can lounge back and blast bitcoin isn't all that surprising said saylor. Try asking the man on the street in Lebanon, Argentina, Sri Lanka, Nigeria, or Venezuela. SteveAlpher reports
a Q4 impairment charge of $197.6 million on its bitcoin holdings, which now total 132,500 bitcoins.
Already a bull on MicroStrategy, Canaccord Genuity upped its price target on the stock to $400 from $372 following the news."We believe the company's relatively conservative strategy of keeping most of its holdings unencumbered has been prudent," wrote analyst Joseph Vafi and team."Institutional investors are continuing to work on their Bitcoin and overall digital-asset strategies, in our view.
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