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Bitcoin’s recent surge past $50,000 has ignited a flurry of activity in the market, with significant gains observed not only in bitcoin itself but also in Bitcoin companies’ stocks. This rally is impacting companies involved in Bitcoin mining and related ventures.
MicroStrategy and Bitcoin Mining Stocks See Double-Digit Gains
As bitcoin soared past the $50,000 mark, MicroStrategy (MSTR) and various Bitcoin mining companies experienced substantial gains in their stock prices.
MicroStrategy, led by CEO Michael Saylor, has long been a proponent of bitcoin as a digital store of value. With a massive holding of 190,000 BTC, valued at $9.5 billion, MicroStrategy has seen its stock surge by an…
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