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.
The price of Bitcoin was rising on Wednesday, but it will need to rally a fair bit from here to hit six figures for the first ...
MicroStrategy is currently up 416%, year-to-date, but it's down almost 40% from its all-time high, which was set on Nov. 21. MicroStrategy's net asset value premium has dropped to 2.09. On Nov. 20, ...
The company's Bitcoin strategy has trounced the market and made shareholders rich. But will the good times continue?
Bernstein raised its price target for MSTR stock to $600 from $290 as MicroStrategy buys another 55.5K BTC for $5.4 billion.
Michael Saylor is evolving MicroStrategy from simply holding Bitcoin to a "Bitcoin bank." Check out why I remain bullish on ...
With MicroStrategy options trading at high prices, arbs were willing to accept no yield on the convertibles because they ...
On the yearly chart, Bitcoin rose 146% while MicroStrategy is up over 599% as more retail investors pour into Saylor’s stock, ...
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