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Coinpedia
2024-07-08 09:47:56

MicroStrategy Pushes Forward with Bitcoin Strategy Despite Market Crash

MicroStrategy Pushes Forward with Bitcoin Strategy Despite Market Crash

The post MicroStrategy Pushes Forward with Bitcoin Strategy Despite Market Crash appeared first on Coinpedia Fintech News Since 2020, MicroStrategy has purchased Bitcoin for its treasury and holds 214,400 BTC. At the current Bitcoin price of $57,861, these holdings are worth approximately $12.41 billion. Despite the company’s aggressive Bitcoin acquisition strategy, MicroStrategy’s stock price dipped by 6.95% last week, closing at $1,281.72. This marks a 27.86% drop over the past six weeks.  …

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