[ad_1] <br><div data-test-id="content-container"><p><figure class="getty-figure" data-type="getty-image"> <picture> <img src="https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1239809455/image_1239809455.jpg?io=getty-c-w750" alt="Bitcoin 2022 Conference Draws Cryptocurrency Industry Professionals And Investors To Miami" data-id="1239809455" data-type="getty-image" width="1536px" height="1024px" srcset="https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1239809455/image_1239809455.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1239809455/image_1239809455.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1239809455/image_1239809455.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1239809455/image_1239809455.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1239809455/image_1239809455.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1239809455/image_1239809455.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1239809455/image_1239809455.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1239809455/image_1239809455.jpg?io=getty-c-w240 240w" sizes="(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px"/> </picture> <figcaption class="caption" data-type="getty-image"><p>Marco Bello</p></figcaption> </figure></p> <p>MicroStrategy (<span class="ticker-hover-wrapper">NASDAQ:MSTR</span>) inventory has dropped as a lot as 9.5% within the two classes for the reason that software program agency that famously holds bitcoin (BTC-USD) on its steadiness sheet disclosed that it offered a small half<span class="paywall-full-content invisible"> of its holdings</span><span class="paywall-full-content invisible"> for the primary time.</span></p> <p class="paywall-full-content invisible">The inventory slipped to as little as $133.77 in Thursday buying and selling, its lowest level since Aug. 10, 2020, when bitcoin (BTC-USD) was buying and selling at $11.9K. In current buying and selling bitcoin modified palms at $16.6K.</p> <p class="paywall-full-content invisible">In September 2020, Michael Saylor, who was at the moment its CEO, likened the corporate's money and Treasury holdings to a "melting ice dice," stated "we really feel fairly assured that bitcoin (BTC-USD) is much less dangerous than holding money, much less dangerous than holding gold." <img src="https://static.seekingalpha.com/uploads/2022/12/29/saupload_MSTR_2022-12-29_15-47-43_thumb1.png" width="100%"/></p> <p class="paywall-full-content invisible">Now, with the sliding worth of bitcoin (BTC-USD), promoting a few of its holdings "could generate a tax profit" as the corporate plans to hold again the capital losses ensuing from the transaction towards earlier capital features, it stated in a submitting on Wednesday.</p> <p class="paywall-full-content invisible">Saylor is now the corporate's chairman, and President Phong Le grew to become its CEO in August.</p> <p class="paywall-full-content invisible">In February 2021, Saylor stated the world's largest cryptocurrency "can function a reliable retailer of worth."</p> <p class="paywall-full-content invisible">SA contributor CashFlow Hunter just lately known as MSTR's fairness is a leverage guess on Bitcoin and a "horrible threat."</p></div> <br>[ad_2] <br><a href="https://news.google.com/__i/rss/rd/articles/CBMieGh0dHBzOi8vc2Vla2luZ2FscGhhLmNvbS9uZXdzLzM5MjExODYtbWljcm9zdHJhdGVneS1zdG9jay1oaXRzLWxvd2VzdC1wb2ludC1pbi1vdmVyLXR3by15ZWFycy1hZnRlci1zZWxsaW5nLXNvbWUtYml0Y29pbtIBAA?oc=5">Source link </a>