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Cryptopolitan 2024-10-08 19:17:29

Is MicroStrategy’s Bitcoin strategy working? MSTR hits $196 near ATH

Diversified cloud-based services provider MicroStrategy’s shares traded at $196 earlier today, 2% shy of its all-time high, supported by its Bitcoin acquisition strategy adopted in 2020. According to its latest filing last month, the company now holds 252,220 bitcoins which represents 1.2% of the overall Bitcoin supply. MicroStrategy started stashing Bitcoin in August 2020, driving

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