Bitcoin Investment Valued at $500M
This is a news story, published by Yahoo Finance, that relates primarily to MicroStrategy news.
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Business & Economics
GameStop stock slides 10% as company announces $500 million bitcoin purchase

76% Informative
With bitcoin trading around $108,000 per token, the investment is valued at over $500 million .
Public companies have increasingly added bitcoin to their balance sheets, following the lead of Strategy (formerly MicroStrategy ) ( MSTR ), the largest corporate holder of bitcoin.
The token reached a record high north of $ 111,000 last week .
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