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Author Topic: ‘Other companies will follow’ — MSTR stock up 9% after buying Bitcoin  (Read 1642 times)

Offline Lenipiw

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MicroStrategy stock price jumped once again after announcing it has bought a total of $425 million in Bitcoin to date, but will other companies follow in their footsteps?
The Nasdaq-listed firm MicroStrategy (MSTR) is continuing to purchase hundreds of millions of dollars worth of Bitcoin (BTC), resulting in its company stock price to gain over 9% on Sep 16.

MSTR stock recovers to pre-Covid levels after buying Bitcoin
MicroStrategy first announced the firm is purchasing Bitcoin on Aug. 11, after which its stock price surged by over 10%.
Visit here: https://cointelegraph.com/news/other-companies-will-follow-mstr-stock-up-9-after-buying-bitcoin

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