Joseph Vafi, Canaccord Genuity Managing Director, Equity Research, joins 'Closing Bell Overtime' to talk Microstrategy's recent bitcoin-fueled run.
Microstrategy's (MSTR) massive, levered Bitcoin (/BTC) position might make the stock a leading indicator for crypto prices, argues Oliver Renick. ======== Schwab Network ======== Empowering every investor and trader, every market day.
MicroStrategy stock is up more than fivefold in 2024 thanks to a furious rally in bitcoin. Here's what you need to know.
Citron Research's Andrew Left believes the run in shares of MicroStrategy Inc MSTR is not going to end well in the near term, and he's putting his money where his mouth is.
The shares have surged since the election, more than doubling and outpacing the 40% gain in Bitcoin.
Citron Research has taken a short position in MicroStrategy , the company said in a post on social media platform X on Thursday.
MicroStrategy's stock surges toward a fourth-straight record, and fourth-straight double-digit gain, as bitcoin continues march toward $100K.
Citing “yield” as a performance measure is likely to confuse some investors already overpaying for its stock.
MicroStrategy stock price continued its strong rally, reaching its all-time high of $503 this week. MSTR has been one of the best-performing companies in Wall Street as it jumped by over 830% in the last 12 months, bringing its market cap to over $87 billion.
MSTR is exhibiting some early signs of a classic climactic top. Climax moves are enjoyable on the way up but always end badly.
Microstrategy Jumps Another 16% on $4.6 Billion Bitcoin Purchase
MicroStrategy (MSTR) shares rocketed higher again Wednesday, as the largest corporate holder of bitcoin reaps the benefits of record high prices for the cryptocurrency.