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November 21, 2024

MicroStrategy Stock Climbs Over 8% on Bitcoin’s Rise to $98,000

MicroStrategy Inc. witnessed an 8.45% increase in its stock price during pre-market trading on Thursday. This spike occurred as Bitcoin approached the $98,000 level. According to Benzinga Pro, MicroStrategy announced an increase in its offering of convertible senior notes from $1.75 billion to $2.6 billion. The market reacts positively to the company’s strategic moves, predicting further growth as Bitcoin continues its upward trajectory. Investors are keen to watch how these developments unfold.

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