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.
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.
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.
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.
What’s Flying Higher Than Bitcoin? The Software Company Buying Up Bitcoin
MicroStrategy shares are a more popular bitcoin play than the cryptocurrency itself for many individual investors.
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 Tumbles After Citron Research Shorts the Stock
MicroStrategy Inc shares tumbled after Andrew Left’s Citron Research said in a post on X that it’s betting against the software company, which has effectively transformed itself into a Bitcoin investment fund.
MicroStrategy Copycats Are Buying Bitcoin as Price Nears $100,000
A trio of tiny biotech firms have announced plans to invest up to $1 million in Bitcoin. They are not the next MicroStrategy.
What's Next for MicroStrategy Stock as Bitcoin Nears $100,000?
MicroStrategy stock is up more than fivefold in 2024 thanks to a furious rally in bitcoin. Here's what you need to know.
Trading MicroStrategy Stock In Bitcoin's Run? Get 'A Little Bit More Cautious' Says Stock Watcher.
MicroStrategy's big bets on bitcoin mean investors need to know what they're buying — and their own investing strategies.
MicroStrategy Stock Plunges From Record. The Company Raises $3 Billion to Buy More Bitcoin.
MicroStrategy shares plummeted sharply lower on Thursday after Citron Research said it shorted the stock against a long position in Bitcoin. “Much respect to @saylor, but even he must know $MSTR is overheated,
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, ...
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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 ...
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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 ...
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's Misunderstood Business Model
MicroStrategy's stock has surged over 567% YTD, driven by its unique business model and substantial Bitcoin holdings. Explore ...
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 ...