December 4, 2021

Morgan Stanley bought 11% of MicroStrategy

Morgan Stanley bought 11% of MicroStrategy

MircoStrategy's investment in bitcoin pays off in full - the company's shares grow in value and become more attractive.

According to the January 8 statement, the investmentMorgan Stanley bought 792,627 shares of MicroStrategy. Morgan Stanley now holds about 11% of the company, which has been aggressively buying Bitcoin over the past few months.

Last August, MicroStrategy startedactively buy BTC. By December 21, the company had 70,470 bitcoins in its wallets. At the time of this article's publication, MicroStrategy's BTC assets are valued at over $ 2.8 billion.

In just a month, MicroStrategy shares have doubled in price - on December 8, one share cost $ 289, and on January 8, its price was $ 545.

Morgan Stanley bought 11% of MicroStrategy

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According to the materials cointelegraph.com

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