Bitcoin (CRYPTO: BTC) plummeted sharply Tuesday, causing a big dent in investors’ portfolios, including those of big corporate whales. What happened: MicroStrategy Inc. (NASDAQ:MSTR), the company that has pioneered Bitcoin’s corporate adoption, sits on a reserve of 226,500 BTC, according to data from bitcointreasuries.net. Following a 5.4% decline in the last 24 hours, King Crypto fell to $59,651, reducing the market value of MicroStrategy’s stash to $13.48 billion as of this writing. This meant that the so-called ‘Bitcoin Development’ company had unrealized losses of nearly $770 million in th…
