Over the past two years, one company, more than any other, has come to personify the ups and downs of bitcoin. Well, MicroStrategy is a software and analytics company. But ever since its CEO, Michael Saylor, started investing the company’s money in bitcoin, MicroStrategy has been viewed by investors as a proxy for crypto. That’s not such a good thing these days, as bitcoin is trading far, far below its all-time highs. Michelle Martin discusses what this means for Saylor.

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