Inside the Bitcoin megaforce that is MicroStrategy
Once a fading software company struggling to stay relevant, MicroStrategy (MSTR) has outstandingly become the ultimate Bitcoin buying powerhouse, hoarding nearly 2% of the world’s entire BTC supply. What’s driving this wild transformation?
MicroStrategy Stock Furthers Rise on Firm's Bitcoin Holdings
MicroStrategy shares continued to move higher along with the price of bitcoin, which traded at more than $98,000 Friday morning.
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.
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.
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's Bitcoin buying spree raises decentralization concerns
Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.
Cryptopolitan on MSN3d
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 ...
EXCLUSIVE: Following MicroStrategy $5.4 Billion BTC Buy, Draper Says his $120k 2024 Prediction Could Be “Underestimating”
Draper has been making price predictions for BTC since 2014 when he forecast that BTC, which was approximately $500, would ...
CoinDesk5d
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.
MicroStrategy Shares Jumps In Friday Pre-Market As Bitcoin Rebounds To $96,000: Consensus Price Target Reveals Over 15% Upside For MSTR
MicroStrategy Inc. (NASDAQ:MSTR) experienced a notable 4.44% increase in its share price during pre-market trading on Friday ...
Cryptopolitan on MSN2d
Mara Holdings completed $615M Bitcoin (BTC) purchase, $160M remaining in reserve
Mara Holdings (MARA) follows the example of MicroStrategy, recently expanding its reserves with an additional purchase of 703 ...
Coingape11d
Breaking: MicroStrategy Acquires 51,780 BTC For $4.6 Billion, MSTR Stock Rallies
In a press release, the company announced that it has purchased 51,780 BTC for $4.6 billion at an average price of $88,627 ...
MSTY: Leverage The Volatility As BTC-USD Prepares To Breach $100k, Upgrading To Buy
Discover how the YieldMax MSTR Option Income Strategy ETF (MSTY) maximizes gains through call-option-selling strategy in high ...
CoinDesk12d
Metaplanet Follows MSTR's Lead, Announces $11.3M Debt Sale for Additional Bitcoin Purchases
Sign up for Crypto for Advisors, our weekly newsletter defining crypto, digital assets and the future of finance. By clicking ...
coinspeaker2d
Marathon Digital Acquires Additional 703 Bitcoins Generating 36.5% BTC Yield
Marathon Digital added 703 Bitcoins to its holdings, bringing its total to 6,474 BTC, following a $1 billion convertible note ...
MicroStrategy’s Big Bitcoin Game May Signal Volatility Ahead
How can Microstrategy borrow billions at 0% to continue buying bitcoin and what does this reveal about market players’ ...