Bitcoin
MicroStrategy reports loss of $53 million, stock plunges
The company holds $13.6 billion worth of Bitcoin, which represents 1% of the cryptocurrency's total supply
MicroStrategy reported a net loss of $53.1 million, or 3.09 a share, in its first-quarter earnings report but plans to buy more Bitcoin later in the year. Following the news, the stock of the business analytics software company plunged over 16% in th... [1257 chars]