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-7.8772410750787E-05 -0.000218987301887403 -0.000188108516872937 0.000346598607303821 0.00141790339351542 0.00270977092982958 0.000819233071808901 -0.000217096764029319
Stock impact report

Strategy (MSTR) Stock Is Up, What You Need To Know [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
As one of the largest corporate holders of the cryptocurrency, Strategy's valuation was closely tied to its price movements. Bitcoin held near $87,000, up nearly 1.9% on the day. After the initial pop the shares cooled down to $164.37, up 3.5% from previous close. Is now the time to buy Strategy? Access our full analysis report here Strategy's shares are extremely volatile and have had 61 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 4 days ago when the stock dropped 6.5% on the news that investor concerns mounted over its strategy of funding large Bitcoin purchases through share sales. The company disclosed it bought another 10,645 bitcoins for about $980 million, financing the purchase by selling its own stock. This action led to share dilution, and for the first time in years, Show less Read more
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