MicroStrategy Surges to 6-Month High as Bitcoin Wrestles With Key Moving Average
Briefly

During the turbulent market, over $215 million in leveraged crypto positions were liquidated, impacting both bullish and bearish positions equally across digital assets.
MicroStrategy’s stock surged 5.5%, indicating potential overvaluation against bitcoin, which may lead to further debt offerings and create a positive feedback loop for its stock.
Read at Coindesk
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