As MicroStrategy Falls On Earnings Miss, Are Crypto ETFs A Buy Or Sell Now?

Bitcoin fell on Thursday after MicroStrategy, the largest corporate bitcoin holder, reported earnings. MicroStrategy, which rebranded as Strategy, reported a loss of $3.03 per share on sales of $120.7 million. Crypto ETFs gained as bitcoin soared ahead of Inauguration Day on Jan.20 and cleared $105,000 for the first time in the new year.