How MSTR Stock Has Benefitted From MicroStrategy Bitcoin Adoption

Quick Summary:

The MSTR stock has outperformed all companies on the S&P 500 since the MicroStrategy Bitcoin adoption began in 2020.

The software company has continued to accumulate the flagship crypto thanks to its former CEO and co-founder, Michael Saylor.

This move has paid off so far, considering MSTR’s performance since then.

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News MSTR MicroStrategy Bitcoin Bitcoin News Michael Saylor

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-21 @ 14:53:59 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22631903

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 21 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #59

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