Crypto News Bulletin from bitcoinist

Friday November 22, 2024 10:00 PM
10 hours 4 minutes ago

MicroStrategy Overvalued? Hedge Fund CEO Says ‘No’ Despite Stock Crash


MicroStrategy Inc. (MSTR) experienced a sharp decline in its stock price yesterday, plummeting over 20% during intraday trading before closing down 16.2%. This significant drop occurred even as Bitcoin (BTC) surged to a new all-time high, just shy of $100,000. Despite the setback, MSTR remains up an impressive 479% year-to-date. The stock’s tumble follows remarks

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