MicroStrategy stock breaks past $1,860 to reach all-time high | Headlines | News | CoinMarketCap

03/27/2024 00:44
MicroStrategy stock breaks past $1,860 to reach all-time high | Headlines | News | CoinMarketCap

Business intelligence-turned-bitcoin holding company MicroStrategy's stock hit an all-time high of $1,909 on Tuesday, according to Yahoo Finance. …

Business intelligence-turned-bitcoin holding company MicroStrategy's stock hit an all-time high of $1,909 on Tuesday, according to Yahoo Finance.

The firm's stock price has since fallen to $1,863 as of 12:35 p.m. ET after seeing a 0.49% 24-hour increase. MicroStategy's intraday market capitalization now sits at $31.67 billion. 

The record emerged after MicroStrategy added an additional 9,245 bitcoin, worth $623 million, on March 19, bringing their total to around 214,250 BTC in its treasury. The firm now controls 1% of bitcoin's total supply, The Block previously reported. 

Bitcoin's price hit $69,522.56 at 12:47 p.m. ET on March 26, experiencing a 0.82% decrease in the past 24 hours, according to The Block's bitcoin price page. Earlier Tuesday, the price of bitcoin broke …

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