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Friday, January 10, 2025

MicroStrategy plummeted 45% as Bitcoin rallied, why?

MicroStrategy lost about 45% from its November peak, trading at about $300 after highs of $543 about six weeks ago. MicroStrategy is a publicly traded business intelligence company founded in 1989 that pivoted to acquire as much Bitcoin as possible in 2020. The company now holds well over 1% of all …

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