Options market maker Group One purchased 13.5% of MicroStrategy’s share, according to a Jan. 10 SEC filing. The trading firm holds roughly 1.3 million shares of MicroStrategy. The filing did not state the amount the shares were purchased. Following the news, the Michael Saylor-led firm shares rose 8.57% to $190 as of press time. MicroStrategy’s share MSTR had declined by more than 70% in the past year due to the broader market decline that saw Bitcoin trade at record lows. (cryptoslate)
All Comments