MSTR Price Skyrockets As MicroStrategy Announces 10:1 Stock Split

Quick Summary:

The company’s board of directors has approved a 10-for-1 stock split for both its class A and class B common stock, aiming to increase accessibility for investors and employees.

MicroStrategy, a prominent business intelligence company and one of the largest corporate holders of Bitcoin, has announced a significant move in its stock structure.

The distribution of these additional shares is scheduled to occur after the close of trading on August 7, 2024.

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Article Details

Category: Crypto

Markets: India

Topics: MSTR Bitcoin 24/7 Cryptocurrency News MicrosStrategy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-11 @ 12:57:49 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 256 words

Reading Time: 2 minutes read

Sentences: 42 lines

Sentence Length: 7 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 21574697

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