MicroStrategy Inc. (MSTR)
MicroStrategy adds more than $2bn to bitcoin coffers as Trump trade heats up
Software firm cum Nasdaq-listed bitcoin proxy MicroStrategy Incorporated (NASDAQ:MSTR) is not allowing all-time high bitcoin prices to dissuade it from buying vast sums of the world's largest cryptocurrency. Under the command of founder and bitcoin maximalist Michael Saylor, MicroStrategy bought another 27,200 bitcoins for $2.03 billion in cash between 31 October and 10 November.
1 Top Cryptocurrency to Buy Before It Soars 18,600%, According to Billionaire Michael Saylor of MicroStrategy
There's still immense potential for the original crypto, but how much?
Is MicroStrategy Tapped Out? Long BTC, Short MSTR Isn't As Smart As You Think
The long BTC, short MSTR pair trade mistakenly assumes that MSTR's premium to its BTC holdings is caused by an irrational market. The premium of MSTR market cap to BTC reserves is justified and comes from having a positive BTC Yield. The valid critique is that MSTR might be approaching a limit to how much convertibles they could issue over time.
1 Unique Stock-Split Stock That's a Screaming Buy in November, and 2 to Avoid
Not all stock-split stocks share the same outlook, as these recently completed splits demonstrate.
Up 264%, Is MicroStrategy On Track to Become the First $1 Trillion Crypto Stock?
The path to a trillion-dollar market cap for MicroStrategy is clear: Buy as much Bitcoin as possible.
MicroStrategy's Saylor on the strategy to load up on bitcoin and how investors should value it
A recent interview helps explain what MicroStrategy is doing with its strategy to issue securities to buy bitcoin.
Prediction: This Buzzworthy Stock-Split Stock Will Plunge by 50% (if Not More) Over the Next 12 Months
This stock-split stock has all the hallmarks of a disaster waiting to happen.
MicroStrategy Incorporated (MSTR) Q3 2024 Earnings Call Transcript
MicroStrategy Incorporated (NASDAQ:MSTR ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Shirish Jajodia - Vice President of Investor Relations and Treasury Phong Le - President and Chief Executive Officer Andrew Kang - Senior Executive Vice President and Chief Financial Officer Michael Saylor - Executive Chairman Conference Call Participants Shirish Jajodia Hello everyone and good evening. I am Shirish Jajodia, Vice President of Investor Relations and Treasury at MicroStrategy.
MicroStrategy Is Tapped Out, Short Shares And Buy Bitcoin Instead
MicroStrategy's stock has surged 483% due to its massive underlying Bitcoin holdings and aggressive BTC 'Pyramiding' tactic. The company's strategy involves issuing shares and debt to buy BTC, but its financials are weak, and we think the company is nearing its borrowing capacity. MSTR's valuation is extremely inflated, making it better to buy BTC directly. We recommend a pair trade: Buy BTC, Sell MSTR.
MicroStrategy, the largest corporate bitcoin holder, to raise more than $40 billion to buy more bitcoin
The plan is to use the additional capital ‘to buy more bitcoin as a treasury reserve asset,' the company says.
MSTR Vs. RIOT Vs. COIN: Which Crypto Stock Stands Out Ahead Of Q3 Earnings?
As the cryptocurrency sector remains a rollercoaster ride for investors, three heavyweights – MicroStrategy Inc. MSTR, Riot Platforms Inc. RIOT, and Coinbase Global Inc. COIN – are gearing up to release their third-quarter earnings on Wednesday.
MicroStrategy: Is This Bitcoin-Powered Stock a Buy or a Gamble?
MicroStrategy NASDAQ: MSTR is a business intelligence software company that helps organizations analyze their data to make better business decisions. But in recent years, MicroStrategy's brand has become synonymous with Bitcoin.
