Other companies will follow” – MSTR’s share price rose 9% after buying Bitcoin.
Nasdaq-listed MicroStrategy (MSTR) is continuing to buy hundreds of millions of dollars worth of Bitcoin (BTC ), causing its company’s stock to rise more than 9% on Sept. 16. The purchase of bitcoin has returned MSTR stock to pre-Covidien levels. On Aug. 11, MicroStrategy first announced that the companyRead More →