MicroStrategy’s stock has, as a result, become tethered to the price of bitcoin – resulting in a $1.2 billion loss on the bitcoin bet given this year’s plunge. But the shares surged 12% Friday as bitcoin jumped almost 10%. The stock fell about 1.5%, though, in after-hours trading following the announcement of the stock offering, which will dilute the value of existing shares.
Ripple Integrates XRP, RLUSD Into Treasury Management
In major XRP news, Ripple has integrated native on-chain capabilities into its treasury management system, enabling CFOs to easily access...
