MicroStrategy (MSTR) recently purchased an additional $264 million worth of Bitcoin, holding over 712,000 BTC valued near $63 billion. Despite the company’s aggressive accumulation during Bitcoin’s price dip, its stock has fallen over 60% in six months, testing a critical support level. Analysts worry about the sustainability of MicroStrategy’s strategy, as increased reliance on capital markets may risk shareholder value if Bitcoin price stays below their average cost.

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