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Results for Bitcoin, MicroStrategy

83 stories, newest first

Apr 13, 2021 — Bitcoin, HSBC

HSBC effectively reasoned that MicroStrategy now derives too much of its value from Bitcoin, so its customers can no longer buy MSTR stock.

MicroStrategy, the NASDAQ-listed data intelligence company run by Bitcoin bull Michael Saylor, is sitting on $4.4 billion worth of BTC.

MicroStrategy says it just bought 29,646 BTC for $21,925 per coin on average. Bitcoin is up 6% since then.