Golden Finance reported that although MicroStrategy (MSTR.O) announced an increase in its holdings of Bitcoin and planned to hold a special shareholder meeting to vote on proposals to further purchase the cryptocurrency, Bitcoin still struggled to regain significant upward momentum. The software company said on Monday it bought about $561 million worth of Bitcoin last week by raising funds through a new stock offering as it joined the Nasdaq 100 index. The company plans to hold a shareholder meeting to seek approval to issue new shares to buy more Bitcoin. But data showed that Bitcoin rose 0.2% to $93,998, but well below the all-time high of $108,379 reached on December 17. Market analysis platform Forex Analytix said in a report that this may be short-term profit-taking or even "the beginning of a sharp decline."