MicroStrategy, the software giant and Bitcoin advocate, has started to slow down on its Bitcoin purchases. This slowdown is reflected in the company’s declining stock. In recent times, the industry behemoth has been consistently investing in the cryptocurrency market, garnering a status of an unwavering Bitcoin believer. However, recent data has indicated a lowered pace in acquisitions, a trend that the market has not taken kindly. Barron’s reports the bearish market reaction with MicroStrategy’s stocks taking a hit. The company’s change in behavior raises questions about Bitcoin’s future prospects and whether doubts are creeping in regarding the cryptocurrency’s long-term viability. Read More
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