MicroStrategy stock jumps as company buys an additional 14,620 BTC

MicroStrategy (NASDAQ: MSTR) has acquired an additional 14,620 bitcoins for $615.7 million, the company’s founder and Chairman Michael Saylor has announced. The new purchase was scooped at the average price of $42,110.The news has coincided with yet another uptick in the price of its stock MSTR, which rose slightly premarket before quickly jumping more than 3% just after markets opened on Wednesday. MSTR stock surges as MicroStrategy buys more BitcoinCopy link to sectionAs of December 26, 2023, MicroStrateg ...