Over $13.6 billion worth of Bitcoin holdings disappeared from companies' books today after a shocking market dip. Bitcoin earlier dropped from its near-record high of $58,000 to $47,700 in just 24 hours-the largest single-day fall in value for the cryptocurrency. This means the cumulative value of the 1.3 million Bitcoin held by 41 companies and institutional investors per data tracked by Bitcoin Treasuries temporarily went from $76.7 billion to $63.1 billion-a $13.6 billion loss. But Bitcoin has done what it always does, it seems, and bounced back: At the time of writing, the currency is down just 6.9% in the past 24 hours, meaning that more than half of those losses have since been recovered. That's still a sizable drop for some companies, though. Business intelligence firm MicroStrategy, which holds the most Bitcoin of any public company, this month sold off $1 billion-worth of debt to buy Bitcoin. But the 71,079 Bitcoin it owns today is worth $3.8 billion. Yesterday it was worth $4.1 billion-a decline of over $336 million.