MicroStrategy sells shares to boost U.S. dollar reserve

Michael Saylor’s Strategy is sitting on a staggering $10.7 billion unrealized loss. Despite the "HODL" mantra, the company just dumped $466 million in stock to build a $3 billion U.S. dollar cash reserve and has even begun selling off its Bitcoin holdings to cover debt and dividends. If the world’s biggest Bitcoin bull is pivoting back to cash to survive, is the dream of a corporate Bitcoin standard effectively dead? Or is this just a temporary retreat? What’s your take?
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