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22 April 2021

MicroStrategy Stock Spikes Following Another Big Bet on Bitcoin - Decrypt

MicroStrategy Stock Spikes Following Another Big Bet on Bitcoin - Decrypt


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MicroStrategy Stock Spikes Following Another Big Bet on Bitcoin.

Tech company MicroStrategy today announced another Bitcoin investment—bringing its “digital gold” fortune to over $5.4billion. .

The cloud software company, which arguably is one of thekey reasonsfor Bitcoin’s phenomenal bull run,saidit had pumped $15 million-worth of cash into the digital asset, buying an extra 253 Bitcoins. .

Saylor at the time claimed Bitcoin was “a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash.” 

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