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CoinGape

Business

Business & Economics

MicroStrategy Halts Bitcoin Purchase & Shares Sale, Holds 478,740 BTC

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Summary
Nutrition label

64% Informative

Michael Saylor’s MicroStrategy , now doing business as Strategy, has revealed that it didn’t make any Bitcoin purchases or sell any shares last week .

This is out of character, considering that the company has bought Bitcoin in thirteen of the last fourteen weeks .

MSTR stock price is currently in the red but could soon be set for a massive move.

Strategy still holds 478,740 BTC which it acquired for $31.1 billion at an average price of $ 65,033 per bitcoin.

VR Score

38

Informative language

21

Neutral language

74

Article tone

formal

Language

English

Language complexity

39

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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