MicroStrategy (MSTR) shares ripped higher on Monday after the Nasdaq-listed firm disclosed its largest Bitcoin (BTCUSD) acquisition of the year, purchasing 22,337 BTC for nearly $1.6 billion in total.

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Strategy appears to have purchased more than 4,000 bitcoin on Thursday, according to estimates derived from real-time trading data and community tracking dashboards monitoring the firm’s preferred ...

Software company and big Bitcoin holder MicroStrategy was one of the top performing stocks of the first quarter. But one short-selling firm thinks it is overvalued and Bitcoin is a better bet for ...