BREAKING
443d 15h ago

MicroStrategy Leverages Bitcoin for Financial Operations, Enhancing Shareholder Value

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a recent update on November 22, Michael Saylor announced via social media that MicroStrategy is actively utilizing its Bitcoin holdings to enhance its financial operations. The company has implemented a strategy of selling volatility through its innovative ATM (Automated Market Maker) product. This approach effectively decouples the inherent risk and volatility associated with Bitcoin from more traditional fixed-income securities. By doing so, MicroStrategy aims to optimize performance metrics and ultimately deliver better returns to its MSTR shareholders. This strategic move positions MicroStrategy at the forefront of integrating cryptocurrency into conventional business practices, showcasing its adaptability in a rapidly evolving financial landscape.

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