Seeking Alpha
2022-01-04 14:40:55

MicroStrategy stock rises after teaming up with TD SYNNEX

MicroStrategy (NASDAQ:MSTR) partners with TD SYNNEX (NYSE:SNX) to expand the TD SYNNEX Internet of Things, data and analytics portfolio of partners to include a platform for self-service data discovery, enterprise reporting, mobile applications and embedded analytics. Shares of MSTR rise more than 2% out of the gate; SNX gains nearly 2%. "We are planning to continue to increase our investment in our partner ecosystem in North America and the partnership with Tech Data is a huge milestone in that path," said MicroStrategy Executive Vice President Kevin Adkisson. Towards the end of 2021, MicroStrategy bought 1.9K more BTC for $94.2M.

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