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What’s Going On With Microstrategy Stock?

Published by
Benzinga

MicroStrategy Incorporated (NASDAQ:MSTR) shares are trading higher Friday amid strength in Bitcoin (CRYPTO: BTC). Here’s a look at what’s going on. What To Know: Crypto-related stocks took a hit following the approval of Bitcoin spot ETFs, and Microstrategy shares are down more than 22% in spite of Friday’s gains. The price of Bitcoin even fell below $39,000 earlier this week, however, it is up more than 5% on Friday. Microstrategy CEO Michael Saylor continues to offload shares of the company and sold more than 126,000 shares this week, according to SEC filings. Microstrategy remains the large…

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