MicroStrategy Inc. said it bought $209 million of Bitcoin, marking the eighth consecutive week of purchases for the dot-com-era software maker turned leveraged proxy for the original cryptocurrency.
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Bitcoin clinched another all-time high of $88,448 on Monday, surging 11% over the past 24 hours, while the broad-market CoinDesk 20 Index underperformed, with Ethereum's ETH and Solana's SOL lagging.
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MicroStrategy’s aggressive $7.2 billion Bitcoin accumulation over eight weeks has ignited a sharp split between critics like Peter Schiff and supporters like Matt Hougan. The company now holds 818,334 ...
MicroStrategy stock is up over 100% in 2024. The enterprise software company holds 226,500 Bitcoins. MicroStrategy continues raising debt and diluting shares to buy more Bitcoins. Now that the dust ...