15% decline in MSTR share price amid non-adoption of new FASB Bitcoin standards

James Van Straten

Quick Take MicroStrategy, the business intelligence firm, has further solidified its position as a Bitcoin corporate treasury, holding approximately 1% of the total Bitcoin supply. During the first quarter of 2024, MicroStrategy acquired an additional $1.65 billion worth of Bitcoin, bringing its total holdings to a staggering 214,400 BTC. While there was speculation that MicroStrategy […]

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15% decline in MSTR share price amid non-adoption of new FASB Bitcoin standards