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MicroStrategy Just Bought More Bitcoin. Stock Is Down.
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'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.
20h
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 ...
Coingape
1h
MicroStrategy (MSTR) Stock Pump and Dump, Are Retail Investors Trapped?
Retail investors poured over $100 million in MicroStrategy stock just before the 35% crash. However, analysts predict a MSTR ...
1d
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 ...
20h
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 ...
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