MicroStrategy's inclusion on the Nasdaq 100 index largely depends on whether it is classified as a software developer or a financials company
Get ready for the boom. In just two days, MicroStrategy (NASDAQ:MSTR) stock, which is already up 500% in 2024, could pad its incredible performance.
The firm gets classified as a software company due to its main business before it became the largest corporate holder of Bitcoin.
A meteoric rise in MicroStrategy's shares has made the bitcoin hoarder a likely candidate for the tech-heavy Nasdaq 100 index ahead of an annual reshuffle this week.
MicroStrategy (MSTR 3.28%) is committed to adding billions of dollars' worth of Bitcoin over the next several years.
The world's largest token could be range-bound for a while, because long-term holders are taking the opportunity to sell.
The token passed $100,000 for the first time last week, but its rally has since stalled.
The company has diluted shareholders to the tune of roughly $12 billion via share sales in recent weeks to stock up on bitcoin.
Mike Shorr with @ProsperTradingAcademy turns to A.I., crypto and energy trades in today's Big 3.
Matthew Tuttle was a bit player. Now he runs a red hot fund—but there are signs the T-Rex 2X Long MSTR Daily Target ETF isn't ready for prime time.
Data analytics veteran MicroStrategy (MSTR 2.23%) has been crushing the market in recent years. In the summer of 2020, the company converted nearly all of its cash reserves into Bitcoin (BTC 0.38%) and is continuing to build on that cryptocurrency investment.
Studying past stock market winners can help you spot the next one. MicroStrategy's 2024 move was one for the books.