Michael Saylor’s MicroStrategy Acquires 11.9K More Bitcoin for $786M
The company held 214,400 bitcoins as of the end of April, which at current prices would be worth about $14 billion.
MSTR
Wall Street vs. ChatGPT-4o: 1-year price targets for Microstrategy
MicroStrategy (NASDAQ: MSTR), currently trading at approximately $1,495.54, has experienced a remarkable year-to-date increase of 118.28%. This surge is fueled … Continue reading
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MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge
The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs.
Two Big Bitcoin Catalysts Could Drive MicroStrategy Stock Gains, TD Cowen Says
Bitcoin has significant upside potential this month thanks to two big catalysts and Michael Saylor’s MicroStrategy (MSTR) stock could surge, too, on its way toward getting “meaningfully higher” by the end of the year, TD Cowen analyst Lance Vitanza said in a note Monday.
Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit
MicroStrategy and Coinbase’s stock prices could shoot up if short sellers bail out, according to a report by data analytics firm S3 Partners.
Michael Saylor’s MicroStrategy Raising Another $500M to Buy More Bitcoin
The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.
How much will MicroStrategy stock be worth if Bitcoin hits $100,000?
Few years in recent memory have been as good for Bitcoin (BTC) as 2024. The world’s premier cryptocurrency not only … Continue reading
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Michael Saylor Not Interested in Selling: ‘Bitcoin Is the Exit Strategy’
Michael Saylor doesn’t plan to sell any of MicroStrategy’ (MSTR)s bitcoin (BTC) anytime soon, or potentially ever, he said in an interview with Bloomberg TV on Tuesday.
Michael Saylor’s MicroStrategy Bitcoin Bet Tops $4B in Profit
The company was the owner of 190,000 bitcoin as of the end of January.
Stock of Bitcoin’s Biggest Public Holder Is Overvalued by 26%, Analyst Who Predicted BTC Rally Says
Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.