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MicroStrategy Just Bought More Bitcoin. Stock Is Down.
MicroStrategy's $5.4B Buy Last Week Adds To Its Bitcoin Hoard; Stock Stumbles
Shares in MicroStrategy, the largest corporate holder of bitcoin, initially jumped and then fell Monday after the software company said it had bought $5.4 billion of the cryptocurrency.
MicroStrategy's 'unprecedented' bitcoin buying could push its stock up another 49%, Bernstein says
Bernstein analysts predict MicroStrategy will own 4% of the total bitcoin supply by the end of 2033, an amount they expect to be worth about $830 billion.
MicroStrategy's Bitcoin buying spree raises breadth of rally concerns
Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.
5h
on MSN
Jim Cramer on MicroStrategy Incorporated (MSTR): ‘I’ve Gotta Tell You, It’s A Bitcoin Play’
We recently compiled a list of the Jim Cramer’s Lightning Round: 9 Stocks in Spotlight. In this article, we are going to take ...
10h
MicroStrategy Purchases Another $5.4 Billion in Bitcoin
MicroStrategy Inc. bought another $5.4 billion in Bitcoin, marking its third acquisition this month as the company rapidly ...
1h
MicroStrategy Is a Bitcoin Magnet Pulling in the Earth's Capital Reserves: Bernstein
Bernstein raised its MicroStrategy price target to $600 from $290.Broker Canaccord also increased its price target for the ...
CoinDesk
9h
Michael Saylor's MicroStrategy Makes Mammoth BTC Purchase, Adding 55,500 Tokens for $5.4B
This purchase comes after MicroStrategy's last week completed its latest sale of convertible debt, raising $3 billion on the ...
23h
Why MicroStrategy Stock Rocketed 24.7% Higher This Week
Back in 2020, MicroStrategy CEO Michael Saylor made a bold move by taking the company's balance sheet and buying Bitcoin. The bet has paid off handsomely, with the company selling new shares of common ...
Yahoo
8h
MicroStrategy Buys Record $5.4 Billion of Bitcoin
MicroStrategy
, the software-intelligence company turned bitcoin-holding entity, has bought about $5.4 billion of bitcoin, ...
3d
MicroStrategy: Paying $245,000 Per Bitcoin Makes No Sense
MicroStrategy is severely overvalued with a 150% premium over Bitcoin. Learn why MSTR stock is a Sell and direct Bitcoin ...
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