
Title: MicroStrategy Stock Dips by 8% Following $209 Million BTC Late-Year Buy
MicroStrategy’s recent acquisition of 2,136 Bitcoin (BTC) worth $209 million has resulted in an 8% drop in the company’s stock. According to Google Finance, the business intelligence firm’s stock is currently trading at $302 per share.
Despite this, it appears that MicroStrategy is committed to its Bitcoin strategy. The company has now acquired a total of 446,400 BTC since commencing its purchases in 2020 during the lockdown period.
Source: www.crypto-news.net