Shares of MicroStrategy (MSTR) surged in mid-day trade on Friday after the company’s chairman, Michael Saylor, posted on ...
That has also given rise to concern that if Bitcoin’s price were to drop, MicroStrategy could have trouble repaying its debt, and may need to offload its coin holdings, depressing Bitcoin price ...
On Monday, MicroStrategy (MSTR) will be included in the Nasdaq 100 stock market index. It's a stunning achievement for the now infamous Bitcoin treasury company, which faced an “existential risk ...
What MicroStrategy is trying to do is use its stock to purchase more Bitcoin and increase the amount of Bitcoin held per share. The strategy works if MicroStrategy's stock trades for a premium to ...
MicroStrategy Inc., known for its big bets on bitcoin, will be soon joining the Nasdaq-100 index, a move that underscores the growing disconnect between the company's nominal status as a software ...
Shares of MicroStrategy (NASDAQ: MSTR) jumped on Monday, with the stock up about 5% as of 2 p.m. ET. And it was up for multiple reasons. On Friday (after the market closed), Nasdaq announced that ...
On Friday evening, Michael Saylor’s MicroStrategy—the world’s largest corporate holder of bitcoin — gained approval to join the Nasdaq 100 Index, which tracks the 100 largest non-financial ...
MicroStrategy stock has rallied considerably on the back of Bitcoin’s meteoric rise. The resulting increase in market capitalization has set the stock on the path to a Nasdaq 100 inclusion.
A meteoric rise in MicroStrategy's shares has made the bitcoin hoarder a likely candidate for the tech-heavy Nasdaq 100 index ahead of an annual reshuffle this week. The loss-making software ...
Shorting MicroStrategy is a high-conviction idea due to its risky business model of issuing debt and equity to buy Bitcoin. The most problematic issue is that MicroStrategy actually sells zero ...
Nick Baker is CoinDesk's deputy editor-in-chief. He won a Loeb Award for editing CoinDesk's coverage of FTX's Sam Bankman-Fried, including Ian Allison's scoop that caused SBF's empire to collapse ...
MicroStrategy, led by Michael Saylor, has continued its Bitcoin acquisition strategy, purchasing 21,550 BTC for $2.1 billion between Dec. 2 and 8, 2024. The company now holds 423,650 Bitcoin ...