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CryptoIntelligence 2024-10-25 17:23:08

MicroStrategy Overtakes Microsoft’s Gains As Bitcoin Purchase Pays Off

MicroStrategy’s investment in Bitcoin is yielding substantial returns, with its stock climbing over 7% on Oct. 25 to hit a 25-year high at $236. This surge extended a six-week rally, solidifying MicroStrategy’s status as the largest corporate Bitcoin holder. The company’s shares have now surpassed Microsoft’s in performance, just as Microsoft is set to consider adding Bitcoin to its balance sheet. “MicroStrategy is soaring to a new all-time high!” remarked Crypto Coin Coach on X, in response to the share price movement. “Crushing every company without Bitcoin on their balance sheet.” Over the past five years, MicroStrategy (MSTR) stock has

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