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Published 1 month ago

MicroStrategy’s Bitcoin Bet Lifts Its Market Cap Above Nearly Half Of S&P 500 Firms

Summary by Bloomberg
This year’s crypto rally has been so strong that a software maker, largely viewed as a Bitcoin hedge fund of sorts, now has a stock market capitalization that’s higher than nearly half of the companies in the S&P 500 Index.

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MicroStrategy’s Bitcoin Bet Lifts Its Market Cap Above Nearly Half Of S&P 500 Firms

This year’s crypto rally has been so strong that a software maker, largely viewed as a Bitcoin hedge fund of sorts, now has a stock market capitalization that’s higher than nearly half of the companies in the S&P 500 Index.

1 month ago·United States
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