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Analysis Crypto Analysis Cryptos News Spotlights Stocks

Bitcoin edges back above $97K. How MicroStrategy stock is reacting

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Bitcoin (BTC-USD) is back above $97,000 on Friday, the cryptocurrency rebounding from its stalled post-election rally and climbing toward $100,000.

Julie Hyman and Madison Mills take a look at the crypto asset and crypto-proxy stock MicroStrategy (MSTR). At the time of this video’s posting, MicroStrategy shares have moved slightly into positive territory intraday.

The software and cloud company spent another $5.4 billion in acquiring 55,000 bitcoin last week.

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