Strategy Inc. (MSTR)
Why MicroStrategy tech stock is rallying as it joins the Nasdaq
MicroStrategy shares rose 6% in premarket trading on Monday as the software company and bitcoin buyer was set to join the tech-heavy Nasdaq 100 index that could further strengthen a rally in the stock.
MicroStrategy's Nasdaq Inclusion Is An Endorsement Of Its Leveraged Bet
MicroStrategy's inclusion in the Nasdaq-100 and its massive Bitcoin holdings, now the second largest globally, drive its stock's impressive performance. The company's leveraged strategy to accumulate Bitcoin increases Bitcoin per share, now at ~0.94 BTC per share, enhancing shareholder value despite traditional valuation metrics suggesting otherwise. Risks include Bitcoin price volatility and potential stock price drops below convertible bond conversion prices, which could pressure MicroStrategy's leveraged strategy.
Bitcoin Buyer MicroStrategy Leads Trio of Nasdaq 100 Index Debuts
Palantir Technologies (PLTR), MicroStrategy (MSTR), and Axon Enterprise (AXON) joined the Nasdaq 100 Index on Monday, pushing out Super Micro Computer (SMCI), Moderna (MRNA), and Illumina (ILMN), the Nasdaq said Friday.
Watch These MicroStrategy Levels as Bitcoin Hits Record, Stock Added to Nasdaq 100
MicroStrategy (MSTR) shares rose in premarket trading Monday after Bitcoin (BTCUSD) set a new record high above $106,000 and the company's stock secured inclusion in the Nasdaq 100 index.
MSTR & PLTR Joins the NDX, SMCI & MRNA Exit
New names will join the Nasdaq-100. Microstrategy (MSTR) and Palantir (PLTR) will enter the index alongside Axon Enterprise (AXON) later this month.
MicroStrategy Stock Jumps On Nasdaq 100 Inclusion—Bitcoin Giant Up 570% This Year
Shares of MicroStrategy rallied Monday after the corporate bitcoin holder earned a spot in a key stock index, an apparent institutional vote of confidence in the company whose stock has been red hot amid the cryptocurrency boom.
MicroStrategy Buys Even More Bitcoin. Here's How Much It Owns Now.
What company is buying Bitcoin at above $100,000? It's MicroStrategy, the the largest corporate holder of the cryptocurrency.
MicroStrategy to join Nasdaq 100: why this move matters for Bitcoin and investors
MicroStrategy Inc. (MSTR.O), a leading software company and prominent Bitcoin holder, is set to join the Nasdaq 100 on December 23. The inclusion in the $25.7 trillion index, which tracks the largest non-financial companies, reflects its growing relevance in the tech and cryptocurrency sectors.
MicroStrategy Stock Rose More Than 2,800% in the Past 5 Years Due to 1 Simple Decision. This Other Little-Known Technology Company Just Made the Same Move.
Aug. 11, 2020, is a day that changed the cryptocurrency market forever, for better or for worse. For technology company MicroStrategy (MSTR 4.20%) and its shareholders, it seems that it was a change for the better.
MicroStrategy shares jump as bitcoin proxy will join Nasdaq-100 index and 'QQQ' ETF
Shares of MicroStrategy were higher Monday after Nasdaq announced the bitcoin proxy will join the tech-heavy Nasdaq-100 index.
Could MicroStrategy Be Your Ticket to Becoming a Millionaire by 2050?
For many years, MicroStrategy (MSTR 4.20%) was a sleepy tech stock. Between 2010 and 2020, the data mining and analytics software provider only grew its annual revenues at a compound annual rate of 0.6%, and it struggled to stay relevant against nimbler cloud-based competitors like Salesforce.
MicroStrategy secures Nasdaq-100 inclusion after bitcoin-fueled stock surge
MicroStrategy will be added to the tech-heavy Nasdaq-100 Index, the exchange operator said on Friday, following a meteoric surge in the shares of the bitcoin buyer.
