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Michael Saylor’s Strategy’s (MSTR) big Q4 loss looks dramatic, but bitcoin would have to fall below $8K to trigger trouble

Wall Street analysts covering Strategy (MSTR) broadly agree on one point after the company’s fourth-quarter earnings on Thursday: the headline losses look dramatic, but they do not signal a liquidity crisis or forced bitcoin selling. Strategy reported a $17.4 billion operating loss and a $12.6 billion net loss for the quarter, figures driven largely by…

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