{"id":142925,"date":"2024-11-22T13:00:09","date_gmt":"2024-11-22T11:00:09","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142925"},"modified":"2024-11-22T13:13:08","modified_gmt":"2024-11-22T11:13:08","slug":"microstrategy-stock-tumbles-after-new-3-billion-bitcoin-bet","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/microstrategy-stock-tumbles-after-new-3-billion-bitcoin-bet\/","title":{"rendered":"MicroStrategy Stock Tumbles After New $3 Billion Bitcoin Bet"},"content":{"rendered":"
The announcement<\/a> <\/strong>coincides with Bitcoin reaching a new all-time high of $99,314. The funds will primarily be used to acquire more Bitcoin<\/a><\/strong>, adding to the company\u2019s existing reserves of 331,200 BTC, valued at over $4.6 billion.<\/p>\n Analysts speculate this massive cash injection could propel Bitcoin\u2019s price to $135,000 by the end of the year, driven by Saylor\u2019s aggressive purchasing strategy.<\/p>\n MicroStrategy\u2019s stock (MSTR) has seen volatile movement, initially dropping 16% after a 106% rally in November.<\/p>\n