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. All three stocks are closely tethered to the price of Bitcoin given they either hold the crypto or make money by taking trading fees from investors buying or selling it.
The price of bitcoin has more than doubled this year, while MicroStrategy’s share price has soared more than 500%. U.S.
MicroStrategy claims to have found an infinite money glitch by using inflating dollars to accumulate scarce bitcoin. But how ...
Draper has been making price predictions for BTC since 2014 when he forecast that BTC, which was approximately $500, would ...
Shares in MicroStrategy, the largest corporate holder of bitcoin, initially jumped and then fell Monday after the software ...
MicroStrategy is unique on the stock market because it essentially acts like a leveraged Bitcoin ETF. Chief Executive Officer ...
With MicroStrategy options trading at high prices, arbs were willing to accept no yield on the convertibles because they ...
The company's Bitcoin strategy has trounced the market and made shareholders rich. But will the good times continue?
MicroStrategy buys more bitcoin, and Benchmark analyst’s new Street-high stock price target implies more than 60% upside.
Bernstein raised its price target for MSTR stock to $600 from $290 as MicroStrategy buys another 55.5K BTC for $5.4 billion.
Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.
Michael Saylor is evolving MicroStrategy from simply holding Bitcoin to a "Bitcoin bank." Check out why I remain bullish on ...
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