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MicroStrategy Falls 16% Despite New Bitcoin Record as Some Question Valuation

The company's market cap this week rose to more than three times the amount of bitcoin it held.

Updated Nov 22, 2024, 2:52 p.m. Published Nov 21, 2024, 9:14 p.m.
Is Michael Saylor's MicroStrategy in bubble territory? (Danny Nelson/CoinDesk)
Is Michael Saylor's MicroStrategy in bubble territory? (Danny Nelson/CoinDesk)