MicroStrategy co-founder Michael Saylor posted the Bitcoin (BTC) chart, which signals an impending BTC purchase the next day, for the 11th consecutive week on Jan. 19. "Things will be different tomorrow,
MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.
We recently compiled a list of the These 10 Firms Dominated Last Week’s Rally. In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against the other stocks that dominated last week’s rally.
While MicroStrategy's legacy software operations remain intact, its financial core has shifted decisively toward Bitcoin.
We recently published a list of 11 Stocks That Will Go to the Moon According to Reddit. In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against other stocks that will go to the moon according to Reddit.
The total value of all cryptocurrencies in circulation currently stands at $3.5 trillion, which is near a record high. Bitcoin ( BTC 1.17%) accounts for more than half of that value, thanks to its market capitalization of almost $2 trillion.
Borrow money through convertible debt. Buy Bitcoin (CRYPTO:BTC) to drive prices higher. Sell new stock to buy more Bitcoin. Wash, rinse, repeat. This has been MicroStrategy‘s (NASDAQ:MSTR) business strategy since 2020 when it decided to become a bitcoin treasury company.
Software firm MicroStrategy and its co-founder Michael Saylor have become synonymous with Bitcoin. Here’s everything you need to know.
Benchmark maintains its buy rating on MSTR with a price target of $650. As of Monday, MicroStrategy purchased a further 2,530 BTC taking total holdings to 450,000 BTC.
MicroStrategy shares have surged due to its unique strategy of leveraging Bitcoin and issuing debt and equity. Read my MSTR stock analysis.
The latest bitcoin purchase was funded through share sales under the company's at-the-market (ATM) program. MicroStrategy announced it would be raising up to $2 billion via a preferred stock offering to acquire more bitcoin.
What's been the most important driver behind the continued bull market? A good case can be made that it's artificial intelligence (AI). Each member of the so-called "Magnificent Seven" stocks is heavily focused on AI.