Why MicroStrategy Is Up Sharply This Week
MicroStrategy (NASDAQ: MSTR), a business analyst company that has tied its fortunes to Bitcoin (CRYPTO: BTC), is rising along with the star cryptocurrency this week. As of Thursday's close, MicroStrategy was slipstreaming to a 13% gain week to date.
Many businesses pay lip service to investing in Bitcoin and other cryptocurrencies; MicroStrategy really walks the walk. Recent figures show that the company has plowed nearly $3 billion into Bitcoin, amassing nearly 109,000 of the cryptocurrency.
Image source: Getty Images.
Source Fool.com
