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 Michael Saylor, one of the biggest evangelists for the digital coin, began buying it for his company in 2020, and it held 252,220 bitcoins as of the end of the third quarter.
Retail investors poured over $100 million in MicroStrategy stock just before the 35% crash. However, analysts predict a MSTR ...
MicroStrategy (NASDAQ: MSTR) has been public since the late 1990s. However, the company's aggressive foray into Bitcoin has ...
With MicroStrategy options trading at high prices, arbs were willing to accept no yield on the convertibles because they viewed the embedded call option on the stock as valuable.
Bernstein raised its price target for MSTR stock to $600 from $290 as MicroStrategy buys another 55.5K BTC for $5.4 billion.
MicroStrategy stock tumbles from early highs as Citron Research announces short position, despite 582% YTD gains and recent ...
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