The bullish setup has appeared after MSTR’s increasingly positive correlation with Bitcoin, the flagship cryptocurrency that has surged 339% year-on-year and is now struggling to
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Capital International Buys Nearly 1 Million Shares of Bitcoin-Focused Microstrategy
Major asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than
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Microstrategy Selling up to $1 Billion of MSTR Stock to Buy Bitcoin
Microstrategy Inc. is selling up to $1 billion of its common stock, MSTR, with the aim to use some of the net proceeds to buy
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MicroStrategy stock slides after announcing new $400M debt raise to buy Bitcoin
The company’s stock has dropped by more than 60% after topping out at $1,135 in early February.
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Crypto-exposed stocks slide as BTC-bolstered treasuries shed value
Many stocks of publicly traded firms that are exposed to Bitcoin have suffered significant drawdowns this month.
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Microstrategy Buys $10M Worth of Bitcoin, MSTR Shares Down Over 60% Since February
On Tuesday, the publicly-listed business intelligence company, Microstrategy, announced the purchase of 229 bitcoins adding to the firm’s current stash of crypto. The company’s CEO
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