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CoinGape

Breaking: Michael Saylor's MicroStrategy Buys $243M in Bitcoin, MSTR Stock Falls

CoinGape
Summary
Nutrition label

69% Informative

MicroStrategy bought 2,530 BTC for $243 million at an average price of $ 95,972 per bitcoin.

The largest corporate buyer of Bitcoin now holds 450,000 BTC, which it acquired for $28.2 billion .

MSTR stock price dropped more than 4% to $ 313.40 in pre-market hours on Monday .

Company announced raising $2 billion to acquire more Bitcoin .

VR Score

54

Informative language

43

Neutral language

57

Article tone

formal

Language

English

Language complexity

35

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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