The cryptocurrency market has gone through a considerable rollercoaster in the past seven days, with the price action being as volatile as it can get. At the time of this writing, the total capitalization settled at around $2.5 trillion, up 3.5% during that period.
Ultimately, BTC is currently trading at around $58K, but that’ rollercoaster was not the craziest thing that happened over the past seven days. MicroStrategy—a well-known business intelligence firm and one of the largest corporate holders of Bitcoin—will be splitting its stock in a 10:1 ratio. The move was announced by its CEO, Michael Saylor, earlier this week, and MSTR shares popped on the news.
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