Event Brief
Company Doubles Down on Bitcoin Despite Losses
Filed: Feb 23, 2026 at 2:02 PM ET
Summary: The company invested $40 million in bitcoin, increasing its losses to over $8 billion.
WHO: The company
WHAT: Invested in bitcoin
WHEN: Feb 23, 2026 at 1:25 PM ET
WHERE: Location not specified
WHY: To bolster its bitcoin holdings
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