Bitcoin edges back above $97K. How MicroStrategy stock is reacting.


Bitcoin (BTC-USD) is back above $97,000 on Friday, the cryptocurrency rebounding from its stalled post-election rally and climbing toward $100,000.

Julie Hyman and Madison Mills take a look at the crypto asset and crypto-proxy stock MicroStrategy (MSTR). At the time of this video’s posting, MicroStrategy shares have moved slightly into positive territory intraday.

The software and cloud company spent another $5.4 billion in acquiring 55,000 bitcoin last week.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Luke Carberry Mogan.



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