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Billionaire Sailor Bets New Bitcoin Despite Heavy Losses

As long as Michael Saylor exists, Bitcoin will never walk alone.

Billionaire co-founder and CEO of MicroStrategy (MSTR) – Get the MicroStrategy Incorporated reportAnd four-alarm bitcoin evangelists have taken the concept of HODL — sometimes called “holding on for dear life” — into the stratosphere.

Bitcoin under pressure

These are challenging times for digital currencies. Edward Moya, senior US market analyst with Onda, noted that “the news cycle has been pretty dire for the crypto markets.”

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