MircoStrategy's investments in Bitcoin are paying off in full – The company's shares are growing in price and becoming moreattractive.
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 doubled in price – On December 8, one share cost $289, and on January 8 its price was $545.
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Based on materialscointelegraph.com