Microstrategy (MSTR) Buys More BTC Pushing Holdings to $5.9B

Shaurya Malwa

This comes as bitcoin price has been climbing over the past few months amid optimism that U.S. regulators could potentially approve exchange-traded funds (ETFs) that hold BTC, a move some experts believe will prompt a flood of investment into the cryptocurrency. Year-to-date, the shares of MicroStrategy is up nearly 315%, while bitcoin rose 200%.

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