MicroStrategy's Bitcoin Drop, Market Rally: Podcast Update

MicroStrategys stock plummets over 11% as bitcoins value drops, pulling down crypto-related stocks. Despite announcing a $1.44 billion cash reserve, investors focus on potential bitcoin sale, overshadowing positive news. Meanwhile, broader stock market surges, driven by Alphabets AI model upgrade and Feds interest rate cut possibility.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.