{"id":3362,"date":"2024-11-27T11:23:17","date_gmt":"2024-11-27T11:23:17","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3362"},"modified":"2024-11-27T11:23:17","modified_gmt":"2024-11-27T11:23:17","slug":"microstrategy-surges-8-in-wednesday-pre-market-whats-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3362","title":{"rendered":"MicroStrategy Surges 8% In Wednesday Pre-Market: What&#8217;s Going On?"},"content":{"rendered":"<div>\n<p>In a notable rebound,\u00a0<strong>MicroStrategy Inc.<\/strong>\u00a0experienced an 8.03% rise in pre-market trading on Wednesday following the slow recovery of <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>). This comes after a significant 12.33% drop and closing at $353.69 the previous day, as per\u00a0<a href=\"https:\/\/pro.benzinga.com\/\">Benzinga Pro<\/a>. <\/p>\n<p><strong>What Happened<\/strong>: On Wednesday, at 6:00 AM ET, Bitcoin was trading around $93,789.55 after dropping to $92,000 levels on Tuesday. Consecutively, MicroStrategy, with a holding of 386,700 Bitcoins valued at $35.4 billion, experienced an upward tick in its pre-market activity.<\/p>\n<p>The company, under the leadership of CEO\u00a0<strong>Michael Saylor<\/strong>, has been a focal point of market speculation due to a 23.64% decline in its stock over the <a href=\"https:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/24\/11\/42208320\/michael-saylors-microstrategy-plunges-23-in-5-sessions-while-bitcoin-slips-under-6-gary-black-quips-dont-say-i-didnt-warn-you\">past five sessions.<\/a> This period also saw a 5.52% decrease in\u00a0Bitcoin.<\/p>\n<p>Analysts are\u00a0questioning the sustainability &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42209900\/microstrategy-surges-8-in-pre-market-trading-on-wednesday-whats-going-on\" alt=\"MicroStrategy\" surges in wednesday pre-market: what going on>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In a notable rebound,\u00a0MicroStrategy Inc.\u00a0experienced an 8.03% rise in pre-market trading on Wednesday following the slow recovery of Bitcoin (CRYPTO: BTC). This comes after a significant 12.33% drop and closing at $353.69 the previous day, as per\u00a0Benzinga Pro. What Happened: On Wednesday, at 6:00 AM ET, Bitcoin was trading around $93,789.55 after dropping to $92,000 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3362","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3362"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3362\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}