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Doctorday

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Doctorday

Re: None

Tuesday, 06/15/2021 10:41:50 AM

Tuesday, June 15, 2021 10:41:50 AM

Post# of 695
Hello all, I'm curious to know, why does Microstrategy stock see such a big boost on combined news of selling company bonds and also a plan to sell $1 billion worth of series A stick to buy more bitcoin?

I'm just curious because I figured plans to sell would worry investors but instead it seems to be rallying them into a buying frenzy. Is that mainly just due to expectation of the long term price appreciation of bitcoin, or maybe crypto traders buying Microstrategy stock to show solidarity with the efforts of the CEO, Michael Saylor?

"If you even dream of beating me you'd better wake up and apologize."
~Muhammad Ali

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