MicroStrategy’s inventory has, in consequence, grow to be tethered to the value of bitcoin – leading to a $1.2 billion loss on the bitcoin guess given this yr’s plunge. However the shares surged 12% Friday as bitcoin jumped nearly 10%. The inventory fell about 1.5%, although, in after-hours buying and selling following the announcement of the inventory providing, which is able to dilute the worth of present shares.
Brazilian Police Difficulty Warrants Towards Alleged Chief of $767M Crypto Pyramid Scheme
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