@richardchain
Why did Wall Street just dump $5.4 billion in Strategy MSTR stock?
After CEO Michael Saylor pivoted the entire company into a Bitcoin holding vehicle in 2020, institutional desks began buying MSTR not for its software solutions, but for its balance sheet. The trade was about finding a liquid, listed, regulator-recognized asset that let you get Bitcoin exposure on your books without the hassle of actually holding [...]
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