Bitcoin
Bitcoin Buyer MicroStrategy to Perform 10-for-1 Stock Split
MicroStrategy Inc.the largest publicly traded corporate holder of Bitcoin, said it will conduct a 10-for-1 stock split to make shares more accessible to investors and employees.
Shares have surged about 1,000% since the enterprise software company began buying Bitcoin in 2020, outpacing gains in the cryptocurrency, which has surged more than 500% in the same period. Shares were up 7.7% at $1,406 as of 10 a.m. in New York.