MicroStrategy shares saw a significant increase of 13% on Monday, hitting an unprecedented closing high. This surge followed the company’s announcement that it had acquired a massive $4.6 billion worth of Bitcoin.
The purchase is part of MicroStrategy's ongoing strategy to invest substantial funds in Bitcoin, positioning itself as one of the largest corporate holders of the cryptocurrency.
This move reflects the growing confidence among investors and businesses in the potential of Bitcoin as a long-term store of value.
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