Is Michael Saylor's Bitcoin Stock in Trouble?
Tue, Nov 26, 2024 5:15 PM

Is Michael Saylor's Bitcoin Stock in Trouble?

A Flip by Avya Verma
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MicroStrategy (NASDAQ: MSTR) has become one of the most valuable stocks on the Nasdaq by pursuing a simple strategy: buying Bitcoin (CRYPTO: BTC). The stock has soared alongside Bitcoin's gains this year, which have come with the broader bull market, the launch of spot Bitcoin exchange-traded funds (ETFs), and optimism that a new Trump administration will adopt crypto-friendly policies.

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