MicroStrategy Outperforms Nasdaq Composite After $175 Million Bitcoin Purchase

PANews
PANews
MicroStrategy (NASDAQ: MSTR) stocks rose over nine percent as their CEO revealed the company had purchased another $175 million in Bitcoin. The investment makes up part of the firm's strategy to diversify the company's cash holdings. 
Share to:

Author: PANews

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Telegram Discussion Group
Telegram News Channel
@PANews
Recommended Reading
PANews

PANews

The collapse of $40 billion, the knife at 10 a.m. every day—all point to the same name: Jane Street.
PANews

PANews

DeFi Education Fund urges Senate to strengthen crypto dev protections in draft bill
PANews

PANews

SEC Chair Aktins calls to ‘reshore crypto’ as companies move back to the US
PANews

PANews

Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset
PANews

PANews

Crypto treasuries top $100B for Ethereum’s 10th anniversary: Finance Redefined
PANews

PANews

UK regulator lifts ban on crypto ETNs for retail investors

Popular Articles

Industry News
Market Trends
Curated Readings
Subscribe