MicroStrategy's Bitcoin Bet: Another Day, Another Jump
Update: 2025-09-29
Description
MicroStrategy's stock surged over five percent after dropping $22 million on nearly 200 more bitcoins, boosting its total holdings to over 640,000. While this jump highlights MicroStrategy's volatility and close ties to crypto, it's not unusual for the stock, which has seen similar swings over 70 times in the past year. Despite being down from its November 2024 peak, long-term investors have seen massive returns, making MicroStrategy a closely watched stock in the crypto world.
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