MicroStrategy (MSTR) Stock Price Target Raised To $600 By Bernstein
Michael Saylor explains that MicroStrategy's MSTR stock adds value to Bitcoin just as oil companies gain value by refining oil to gasoline.
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.
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.
Analysts overhaul MicroStrategy stock price target amid bitcoin rally
Bernstein analyst Gautam Chhugani, who boosted his price target on MicroStrategy by $310 to $600 a share in a note published Monday, sees the group as a principal beneficiary. Chhugani estimates MicroStrategy owns around 1.7% of global bitcoin and says could grow to 4% over the next decade in his base-case scenario.
MicroStrategy spends $5.4 billion buying another 55,000 bitcoins
MicroStrategy continues to add bitcoin to its balance sheet, buying another $5 billion worth of the token last week.
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 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.
MicroStrategy's Bitcoin buying spree raises decentralization concerns
Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.
MicroStrategy acquired 55,500 bitcoins for about $5.4B from Nov. 18-24
In a regulatory filing, the company announced that, during the period between November 18 and November 24, the company acquired approximately
MicroStrategy Just Bought More Bitcoin. The Stock Is Down.
In an 8-K filing Monday morning, MicroStrategy said it purchased about 55,500 bitcoin in its largest buy ever, bringing its total holdings to approximately 386,700 bitcoin. The pu
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 ...
MicroStrategy Shares Rise In Monday Pre-Market As Michael Saylor Reveals MSTR Generating $500M Daily Amid Bitcoin's Surge (UPDATED)
Note: This article has been updated to include Bernstein’s revised price target for MSTR. In a remarkable turn of events, ...
MicroStrategy spends $5.4 billion buying another 55,000 bitcoins, stock slips
MicroStrategy continues to add bitcoin to its balance sheet, buying another $5 billion worth of the token last week.
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Michael Saylor's MicroStrategy Makes Mammoth BTC Purchase, Adding 55,500 Tokens for $5.4B
This latest acquisition took place over the past few days, with current holdings now valued at nearly $38 billion.
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Stock Market News: Nasdaq Composite Rises & Wall St Upgrades MicroStrategy (MSTR) and Palantir (PLTR)
Live Updates Make sure to refresh this page periodically for updates. Palantir Receives Upgrade 9:18 am Another stock seeing ...
Understanding MicroStrategy
MicroStrategy faces significant refinancing risk, which could lead to unfavorable debt terms or even bankruptcy. Read why I'm ...
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 ...