Strategy's Bitcoin Bet Just Produced a Monster Quarter. Here's the Bigger Question.

Quick Read
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MSTR posted GAAP EPS of $45, crushing the $18 consensus, yet shares dropped 6% premarket as Bitcoin sits 38% below its all-time high.
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MARA holds just 36,000 BTC and trades at 0.80x book versus Strategy's 1.94x, reflecting the
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