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Barchart
Barchart
Wajeeh Khan

Is MicroStrategy Stock a Buy Now Amid the Bitcoin Rally?

MicroStrategy (MSTR) shares closed comfortably in the green on Dec. 9 as Bitcoin (BTCUSD) – the world’s largest cryptocurrency by market cap – rallied ahead of the Federal Reserve’s rate decision. 

BTC pushed past $94,000 this morning as investors grew more optimistic that the U.S. central bank will deliver a “hawkish cut” on Thursday. 

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