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MicroStrategy
Under Michael Saylor’s leadership, MicroStrategy (NASDAQ: MSTR) has become the publicly-traded company that has most closely tied its prospects to … Continue reading
The post MicroStrategy makes largest ever Bitcoin buy appeared first on Finbold.
MicroStrategy bought 55,500 more bitcoin over the past week for $5.4B, bringing its total holding to 386,700 BTC.
MicroStrategy recently entered the top 100 U.S. publicly traded companies by market cap, briefly surpassing $100 billion valuation.
The Nasdaq 100 Index begins its annual reranking this week, with results set to be announced on Dec. 13.
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.
Is Michael Saylor’s MicroStrategy in bubble territory? (Danny Nelson/CoinDesk)
The latest price moves in bitcoin (BTC) and crypto markets in context for November 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Traders are adding leverage on top of an already leveraged MSTR ETF, signaling heightened risk appetite and a build up of speculative excesses.
The latest price moves in bitcoin (BTC) and crypto markets in context for November 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
MicroStrategy is now up over 500% year-to-date, approaching a $100 billion market cap.
It might not be a part of the index, but MicroStrategy Inc (NASDAQ: MSTR) has outpaced every stock in the … Continue reading
The post Michael Saylor has become ‘the best Bitcoin miner’ — Here’s how appeared first on Finbold.
Metplanet to issue one-year bonds to finance BTC purchases.