Pro-Bitcoin Microstrategy Stocks Down 50% in Two Weeks. Is Crypto to Blame?

2021-2-25 13:32

Last trading sessions were painful for the flagship firm of the ongoing corporate-led crypto craze, MicroStrategy Incorporated (MSTR)

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‘Bitcoin Is Superior To Cash’, Says World’s Largest Business Intelligence Company

Publicly listed business intelligence firm MicroStrategy announced on Aug 11 that it had purchased 21,454 bitcoins worth $250 billion at the time, in a bid to hedge against Fed-led inflation. This is a major achievement for bitcoin as it adds credibility to the narrative that the king of crypto is gaining popularity on Wall Street as […]

2020-8-12 00:06