MicroStrategy Inc. (MSTR)
Bitcoin Price Drops. MicroStrategy Is Still Buying More.
The largest crypto was falling on Friday despite a major purchase of the crypto by software company MicroStrategy.
MicroStrategy acquires 11,931 BTC for $786 M, strengthens position as largest corporate Bitcoin holder
Nasdaq-listed software firm MicroStrategy (MSTR) has expanded its substantial bitcoin (BTC) holdings, acquiring an additional 11,931 BTC for $786 million. This latest acquisition further cements MicroStrategy's position as the largest corporate holder of bitcoin. MicroStrategy's bitcoin accumulation strategy Led by Executive Chairman Michael Saylor, MicroStrategy began its aggressive bitcoin accumulation in 2020.
This Crypto Stock Has More Than Doubled Bitcoin's Gains This Year
MicroStrategy has a large exposure to Bitcoin, and that can make its earnings incredibly volatile and unpredictable. Is the stock a buy today?
Wall Street vs. ChatGPT-4o: 1-year price targets for Microstrategy
MicroStrategy (NASDAQ: MSTR), currently trading at approximately $1,495.54, has experienced a remarkable year-to-date increase of 118.28%. This surge is fueled by the company's aggressive Bitcoin (BTC) acquisition strategy, transforming it into the largest publicly traded corporate holder of Bitcoin.
MicroStrategy bets big with a new $700M debt offering to fuel Bitcoin purchases
MicroStrategy (NASDAQ: MSTR), the largest publicly traded corporate holder of Bitcoin (BTC), has announced an upsized debt offering to fund further cryptocurrency acquisitions.
Why Bernstein Is Betting Big on MicroStrategy (MSTR) Stock
Shares of enterprise software specialist MicroStrategy (NASDAQ: MSTR ) are declining on Friday, capping off what is about to be a down week for MSTR stock. This move is reflective of its evolved role as a cryptocurrency proxy, with the digital asset sector also suffering a rough week.
MicroStrategy increases debt offering by 40% to $700 M to purchase more Bitcoin
American software technology firm MicroStrategy has announced the pricing of a new $700 million debt offering due in 2032. The company plans to use the proceeds from this offering to purchase more Bitcoin, continuing its aggressive strategy to add the cryptocurrency to its corporate treasury.
Analysts update MicroStrategy stock price target
2024 was nothing short of impressive for MicroStrategy (NASDAQ: MSTR) as the largest institutional holder of Bitcoin (BTC) continued with its aggressive acquisition strategy of maiden crypto, as its subsequent rise in value by 51% in the first six months, more than doubled MSTR stock value.
MicroStrategy's stock falls after convertible-debt offering plan
Shares of MicroStrategy Inc. MSTR, +3.10% fell 0.9% in premarket trading Thursday, after the business-analytics and bitcoin play said it planned to offer $500 million in convertible debt. The senior notes, due 2032, would be convertible to cash, MicroStrategy shares or a combination of both.
Wall Street Loves These Crypto Stocks: 7 to Buy Today
With Bitcoin back above $70,000, it's fueling upside for some of the top crypto stocks to buy. That includes MicroStrategy (NASDAQ:MSTR).
The Growth Stock Reckoning: 3 Stocks to Sell Before the Bubble Bursts
The U.S. equities rally, while facing some headwinds this week, appears largely intact. The S&P500 has risen 10.4% since the start of the year, slightly trailing the tech-heavy Nasdaq Composite, which has, in turn, gained 12.5% during the same period.
Up 125% for the Year, Is MicroStrategy Still a Buy?
Due its large holdings of Bitcoin, MicroStrategy continues to attract attention from investors looking for Bitcoin proxy stocks. With the launch of the new spot Bitcoin ETFs this year, however, the Bitcoin proxy stock investment thesis may be losing steam.
