MicroStrategy shares plunged 20% in 48 hours following Bitcoin ETF approval

MicroStrategy Inc. (NASDAQ: MSTR) suffered a tough hit following the Bitcoin spot ETF approval on January 10. Deemed as an indirect exposure to Bitcoin (BTC), Michael Saylor's company now faces powerful Wall Street competitors. Sentiment Result : Negative

MicroStrategy Inc. (NASDAQ: MSTR) suffered a tough hit following the Bitcoin spot ETF approval on January 10. Deemed as an indirect exposure to Bitcoin (BTC), Michael Saylor's company now faces powerful Wall Street competitors.