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/biz/ - Business & Finance

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https://www.businesswire.com/news/home/20200811005331/en/MicroStrategy-Adopts-Bitcoin-Primary-Treasury-Reserve-Asset

The stock is up 17.3% since MicroStrategy's CEO spearheaded the effort to buy $250m worth of Bitcoin.

"This investment reflects our belief that Bitcoin, as the world’s most widely-adopted crypto, is a dependable store of value and an attractive investment."

Blackrock + Vanguard alone own 25% of Microstrategy.

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