Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
⭐ Merited by fillippone (2)
MSTR's stock is up 1.26% as I write this, so it doesn't look like this huge bitcoin purchase triggered a shareholder revolt or anything of the like.
It actually gapped up almost 18% at the peak yesterday, closing up about 9% overall on the day.
Shareholders (and let's be honest, hype buyers) may be happy now. We'll see how happy they are if BTC takes a dump!
