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3 Options Strategies for Those Hell Bent on Buying MicroStrategy Stock
Short seller Andrew Left of Citron Research revealed on Nov. 21 that his firm had taken a short position in MicroStrategy (NASDAQ:MSTR), the software company that has become a prominent Bitcoin owner.
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.
MicroStrategy buys more bitcoin; Wall Street ratchets up its price targets
MicroStrategy (NASDAQ:MSTR) bought ~55,500 more bitcoins for ~$5.4B in the week of Nov. 18-24, an ~17% increase in its bitcoin holdings, the company disclosed in a fil
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.
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.
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 software company, to $510 from $300.The shares rose over 6% in early trading Monday.
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's Bitcoin buying spree raises decentralization concerns
Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.
MicroStrategy sets new record with another $5.4B Bitcoin purchase
MicroStrategy is now sitting on 55,000 more Bitcoin after spending an additional $5.4 billion on the cryptocurrency. With the purchase, the company’s Bitcoin reserves total 386,700 BTC. According to a filing released on November 25,
Cryptopolitan on MSN
3h
MicroStrategy stock, $MSTR, just fell a massive -35% from its peak on November 21st
According to Google Finance data, MicroStrategy shares have dropped to ~$353, down 34% from Nov. 21st’s high of ~$535. The ...
CoinDesk
6h
MicroStrategy Retail Investors Caught Out On the Wrong Side of MSTR Trade
On Wednesday alone last week, retail investors bought ~$42 million worth of MicroStrategy stock, $MSTR. This marked the ...
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
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 ...
Coingape
2d
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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