Bitcoin News: MicroStrategy Overvalued? Hedge Fund CEO Says ‘No’ Despite Stock Crash

Link: https://bitcoinist.com/microstrategy-overvalued-hedge-fund-ceo-says-no/

Summary: MicroStrategy Inc. (MSTR) experienced a sharp decline in its stock price yesterday, plummeting over 20% during intraday trading before closing down 16.2%. This significant drop occurred even as Bitcoin (BTC) surged to a new all-time high, just shy of $100,000. Despite the setback, MSTR remains up an impressive 479% year-to-date. The stock’s tumble follows remarks […]

Tags: #crypto #bitcoin #nostr