MicroStrategy Shares Are Down With Bitcoin Today: What’s Going On?
Posted On January 22, 2025
MicroStrategy Incorporated (NASDAQ:MSTR) shares closed down Wednesday, due to a decline in Bitcoin‘s (CRYPTO: BTC/USD) price, which dropped 1.73% to $104,313.65.
What To Know: Bitcoin transaction volume over $100,000 decreased by 15%, while netflows dropped 307%, signaling a possible cooling of market activity. Over $161 million in liquidations occurred in the past 24 hours, which put additional pressure on the market.
While BlackRock clients facilitated the purchase of $600 million in Bitcoin …
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