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Michael Saylor’s MicroStrategy (MSTR) Announces Stock Split as Share Price Triples in a Year on Bitcoin (BTC) Rally

by SB Crypto Guru News
July 11, 2024
in Crypto Updates
Reading Time: 1 min read
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Stock splits are common among public companies whose shares have significantly appreciated. While the split does not change the company’s valuation, it could make the stock psychologically more accessible to smaller, retail investors by reducing the share price even at a time when many retail-facing trading platforms offer fractional shares. Most recently, chipmaker juggernaut Nvidia (NVDA) saw a 10:1 stock split last month after reaching a four-digit share price, tripling in a year fueled by the artificial intelligence-driven (AI) equities rally.



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Tags: AnnouncesBitcoinBitcoin NewsBTCCrypto NewsCrypto UpdatesLatest News on CryptoMichaelMicroStrategyMSTRPriceRallySaylorsSB Crypto Guru NewsShareSplitStockTriplesyear
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