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TECHNICAL ANALYSIS  |  October 16, 2024
Is MSTR A Proxy For Bitcoin?
Microstrategy, Inc. (MSTR) is a software company that was founded in 1989. It provides enterprise analytics and other software platforms through licensing agreements and cloud-based solutions. With its recent announcement of the acquisition of another $452 million worth of Bitcoin in September 2024, making the company the largest corporate holder of Bitcoin, does this make MSTR a proxy play for the cryptocurrency?
by Stella Osoba, CMT

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