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MicroStrategy Shares MSTR and STRC Surge Over 12% on June 29

GateNews
StocksPrice Volatility
BTC1.04%
According to PANews, MicroStrategy's Class A shares (MSTR) closed at $92.68 on June 29, up 12.60%, and traded at $93.25 after hours, gaining an additional 0.61%. The company's perpetual preferred shares (STRC) closed at $83.67, up 12.20%, and moved to $83.76 after hours, up 0.11%. The gains followed MicroStrategy's announcement of a digital credit capital framework, board authorization for a $2 billion securities buyback, and approval for up to $1.25 billion in BTC liquidation.
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