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Uyen Nguyen
@uyennguyen
Analysts remain bullish on Strategy's 'turbocharged' $84 billion capital plan to buy bitcoin Strategy's stock (ticker MSTR) is trading higher Friday after the bitcoin treasury company doubled down on its "21/21 Plan" with a new "42/42 Plan" to accelerate its purchasing of the world's largest cryptocurrency. Strategy reported first-quarter financial results Thursday afternoon, missing earnings and revenue estimates due largely to unrealized losses on its bitcoin holdings, its first earnings print reflecting FASB’s fair value accounting changes for bitcoin held on a company’s balance sheet.
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