MicroStrategy bought another $5.4 billion in Bitcoin, marking its third acquisition this month as the company rapidly increases its holdings.
The strategy hinges on Bitcoin maturing into a global reserve asset. Failure to maintain its NAV premium or a significant drop in Bitcoin prices below $20,000 could undermine MSTR’s position. I remain ...
Note: This article has been updated to include Bernstein’s revised price target for MSTR. In a remarkable turn of events, ...
Bernstein analyst Gautam Chhugani, who boosted his price target on MicroStrategy by $310 to $600 a share in a note published ...
U.S. stock futures are higher on optimism over President-elect Trump's selection of Scott Bessent for Treasury Secretary; ...
Shares in MicroStrategy, the largest corporate holder of Bitcoin, are jumping Monday in premarket trading, as the cryptocurrency trades near the $100,000 mark for the first time.