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MicroStrategy's bitcoin holdings dropped 58% from $5.9B at the end of Q1 2022 to $2.45B at the end of Q2 2022 (Immanual John Milton/Bloomberg)

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Immanual John Milton / Bloomberg:

MicroStrategy’s bitcoin holdings dropped 58% from $5.9B at the end of Q1 2022 to $2.45B at the end of Q2 2022  —  When MicroStrategy Inc. began buying Bitcoin in bulk in the summer of 2020, CEO Michael Saylor said it was because inflation would make cash worthless.



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