MicroStrategy’s Bitcoin Purchases Tend to Be Short-Term Negative for Prices, Research Shows

Past data shows bitcoin tends to drop 2% on the day MSTR announces new purchases.

Source: https://www.coindesk.com/markets/2023/06/28/microstrategys-bitcoin-purchases-tend-to-be-short-term-negative-for-prices-research-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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