MicroStrategy's stock price surges 810% after significant investment in Bitcoin

From Cointelegraph.

July 22, 2024 05:03 AM:

MicroStrategy’s stock price saw an 810% surge from $0.12 to $1.10 since its first Bitcoin purchase.

The surge in stock price comes after the company made significant investments in cryptocurrency, including buying Bitcoin worth billions.

The company’s decision to invest in Bitcoin has paid off, leading to a substantial increase in its stock value.

MicroStrategy’s move to invest in Bitcoin has proven to be a successful strategy, resulting in a massive surge in its stock price.

Read more at Cointelegraph: Metaplanet completes Bitcoin buying goal with another $1.2M purchase