MicroStrategy shares are trading higher amid a rise in Bitcoin.
Portfolio Pulse from Benzinga Newsdesk
MicroStrategy shares are trading higher, correlating with an increase in Bitcoin's value.
April 04, 2024 | 1:08 pm
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MicroStrategy's stock price is experiencing an increase, likely due to the company's significant investment in Bitcoin, which has also seen a rise in value.
MicroStrategy has made substantial investments in Bitcoin, making its stock price sensitive to changes in the cryptocurrency's value. The current rise in Bitcoin's price is positively impacting MicroStrategy's stock, reflecting the direct correlation between the two.
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RELEVANCE 90