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Why MicroStrategy Is Up Sharply This Week

TheMotleyFool

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Why MicroStrategy Is Up Sharply This Week:

MicroStrategy (NASDAQ: MSTR), a business analyst company that has tied its fortunes to Bitcoin (CRYPTO: BTC), is rising along with the star cryptocurrency this week. As of Thursday's close, MicroStrategy was slipstreaming to a 13% gain week to date.

Many businesses pay lip service to investing in Bitcoin and other cryptocurrencies; MicroStrategy really walks the walk. Recent figures show that the company has plowed nearly $3 billion into Bitcoin, amassing nearly 109,000 of the cryptocurrency.

Image source: Getty Images.

Source Fool.com

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