Why did Wall Street just dump $5.4 billion in Strategy MSTR stock?

For a while, owning Bitcoin was professionally awkward. Big asset managers couldn’t touch it, compliance teams didn’t know what to do with it, and internal mandates typically banned the direct cust...

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Why did Wall Street just dump $5.4 billion in Strategy MSTR stock?

Source: CryptoSlate

For a while, owning Bitcoin was professionally awkward. Big asset managers couldn’t touch it, compliance teams didn’t know what to do with it, and internal mandates typically banned the direct custody of anything that looked like a bearer instrument. But equities? Equities were fine. That’s how MicroStrategy, a Virginia-based enterprise software firm, became the most […]