MicroStrategy Inc. (MSTR)
Michael Saylor's MicroStrategy Has Quintupled This Year. Now, a Formerly Bullish Analyst Thinks Its Time to Short the Stock.
Michael Saylor's company MicroStrategy (MSTR -1.85%) has arguably been the best-performing stock in the market this year, even outperforming many of the artificial intelligence darlings that have fueled the bull market. MicroStrategy is up roughly 518% this year.
Why MicroStrategy Stock Soared 59% in November
Shares of MicroStrategy (MSTR -1.85%), the cloud software stock that has converted itself into a Bitcoin (BTC 0.57%) treasury stock, were surging last month, benefiting from all-time high Bitcoin prices and the belief that the Trump administration will adopt crypto-friendly policies.
MicroStrategy has been averaging down its bitcoin purchases as prices pull back
The software company has spent nearly $7 billion buying bitcoin in the past two weeks as prices have pulled back.
MicroStrategy Stock Furthers Rise on Firm's Bitcoin Holdings
It was another strong session for MicroStrategy (MSTR), as the biggest corporate holder of bitcoin is being seen by investors as one of the best cryptocurrency stock plays.
MicroStrategy Stock Pops as Bitcoin Nears $100,000
MicroStrategy Inc (NASDAQ:MSTR) stock is up 6,5% to trade at $414.02 at last glance, as Bitcoin (BTC) continues to flirt with the $100,000 level.
Bitcoin Heads Back Toward $100,000. It's Lifting MicroStrategy With It, Too.
The large-cap token climbed on Thanksgiving, raising the probability that crypto stocks will rise when markets reopen on Black Friday.
History Doesn't Repeat, but It Often Rhymes on Wall Street -- and That's Terrible News for MicroStrategy
This has been a banner year for the stock market. All three major indexes -- the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite -- have catapulted to multiple record-closing highs, with excitement surrounding artificial intelligence (AI), stock-split euphoria, and optimism following the election of Donald Trump driving gains in 2024.
Meet the Everyday Traders Riding MicroStrategy's Furious Rally
The software company has become a leveraged bitcoin play in the eyes of many investors.
Bitcoin, crypto bounce back after rally stalled
Bitcoin (BTC-USD) returns to its rally mode as it seeks to make back this week's losses and climb nearer to $100,000. Crypto proxy stocks like MicroStrategy (MSTR) and Coinbase Global (COIN) are also on the rise.
3 Options Strategies for Those Hell Bent on Buying MicroStrategy Stock
Short seller Andrew Left of Citron Research revealed on Nov.
MSTR & Bitcoin's Crypto Link, Gold & Crypto ETFs to Watch
Cinthia Murphy discusses everything crypto with Oliver Renick. She talks about how investors are seeking diversification with gold and bitcoin ETFs and talk about themes continuing into next year.
Could MicroStrategy Stock Help You Become a Millionaire?
MicroStrategy (MSTR -4.37%) has been public since the late 1990s. However, the company's aggressive foray into Bitcoin has made it a bonafide market beater in recent years; the stock has soared more than 700% over the past year alone and more than 2,600% since late 2019.
