Microstrategy with so much Bitcoin in their balance sheet their stock price acts like a proxy Bitcoin play.
It seems to give leveraged price action based on Bitcoin moves.
On Friday, it moved 12% while Bitcoin moved about 8% (during stock trading hours)
It seems to give leveraged price action based on Bitcoin moves.
On Friday, it moved 12% while Bitcoin moved about 8% (during stock trading hours)
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.