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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 Stock Is Down. It Just Boosted Its Bitcoin Holdings.
MicroStrategy continues to add bitcoin to its balance sheet, buying another $5 billion worth of the token last week. BWX Technologies, Oklo, Amazon, Vistra and Nvidia have been highlighted in this Investment Ideas article.
Bitcoin Rises. Why MicroStrategy Could Help the Crypto Hit $100,000.
The price of Bitcoin was rising on Wednesday, but it will need to rally a fair bit from here to hit six figures for the first time.The world’s largest cryptocurrency climbed 4.1% to $94,706. After a recent rough patch,
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 ...
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.
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?
5d
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 ...
2d
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 ...
1d
Michael Saylor's MicroStrategy Convertible Notes To Buy Bitcoin Offer No Interest, So Why Are Investors Rushing To Buy Them?
Michael Saylor‘s MicroStrategy Inc (NASDAQ:MSTR) recently completed its $3 billion offering of 0% convertible senior notes ...
2d
MicroStrategy Could Become The First Bitcoin Bank - Here's Why I'm Not Selling
Michael Saylor is evolving MicroStrategy from simply holding Bitcoin to a "Bitcoin bank." Check out why I remain bullish on ...
12h
on MSN
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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