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MicroStrategy Just Bought More Bitcoin. Stock Is Down.
MicroStrategy Stock Drops as Bitcoin Bounce Fizzles Out
MicroStrategy and other crypto-related stocks were sliding on Tuesday after Bitcoin’s initial push toward $100,000 failed. Crypto exchange Coinbase Global dropped 3.1%, and online-trading platform Robinhood Markets was down 0.
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 Accelerates Bitcoin Buying With Record Purchase
MicroStrategy Inc. bought a record $5.4 billion in Bitcoin, the third major purchase announced this month by the crypto hedge fund proxy.
1d
Short-Seller Andrew Left Slams MicroStrategy. Is Michael Saylor's Bitcoin Stock in Trouble?
MicroStrategy is unique on the stock market because it essentially acts like a leveraged Bitcoin ETF. Chief Executive Officer ...
4h
MicroStrategy Retail Investors Caught Out On the Wrong Side of MSTR Trade
MicroStrategy is currently up 416%, year-to-date, but it's down almost 40% from its all-time high, which was set on Nov. 21. MicroStrategy's net asset value premium has dropped to 2.09. On Nov. 20, ...
1d
Could MicroStrategy Stock Help You Become a Millionaire?
The company's Bitcoin strategy has trounced the market and made shareholders rich. But will the good times continue?
1d
on MSN
MicroStrategy’s bitcoin buys lead to a new Wall Street-high stock price target
MicroStrategy buys more bitcoin, and Benchmark analyst’s new Street-high stock price target implies more than 60% upside.
1d
on MSN
MicroStrategy's Bitcoin buying spree raises breadth of rally concerns
Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.
Inside Bitcoins
1d
Bernstein Raises Its MSTR Price Target To $600 As MicroStrategy Buys Another 55.5K BTC For $5.4 Billion
Bernstein raised its price target for MSTR stock to $600 from $290 as MicroStrategy buys another 55.5K BTC for $5.4 billion.
1d
MicroStrategy spends $5.4 billion buying another 55,000 bitcoins, shares slide
MicroStrategy continues to add bitcoin to its balance sheet, buying another $5 billion worth of the token last week.
11h
How Did MicroStrategy Sell $3 Billion of Zero-Rate Debt? Option Volatility is Key.
With MicroStrategy options trading at high prices, arbs were willing to accept no yield on the convertibles because they ...
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