MicroStrategy catches eye of hedge funds as it buys more bitcoin


As MicroStrategy (MSTR) continuously ups its bitcoin (BTC-USD) holdings — the crypto asset has reached over $100,000 this morning — it has been selling convertible notes to further fund its crypto purchases. And hedge funds are buying them up.

Catalysts hosts Madison Mills and Josh Schafer discuss the dynamic happening between MicroStrategy’s stock and bitcoin prices.

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

This post was written by Luke Carberry Mogan.



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