Stocks of various companies invested in or tied to bitcoin are dipping to new lows. MicroStrategy – the software giant that initially began buying bitcoin in August of 2020 and has since become one of the cryptocurrency’s main institutional supporters – has seen its stock shares fall by as much as 26 percent in recent days. Hundreds of billions of dollars in market value have since vanished. MicroStrategy Has Taken Some Serious Hits The company has long been purchasing bitcoin as though it were the elixir of life. The world’s number one digital currency by market cap initially made waves
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Author: NixCoin