In a little less than three months, MicroStrategy has spent nearly half of its three-year, $42 billion capital plan to buy bitcoin.
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). MicroStrategy (MSTR) brought its bitcoin holdings to 471,107 following another week of accumulating tokens. Alongside,
Dan Dolev, an analyst from Mizuho Securities, has initiated a new Buy rating on Microstrategy (MSTR).Invest with Confidence: Follow TipRanks'
MicroStrategy announced today that it had acquired 10,107 BTC worth nearly $1.1B at an average price of $105,596 between January 21st and January 26th. The latest BTC acquisition brought the company's total BTC holdings to 471,
Mizuho Securities started coverage on MicroStrategy ( NASDAQ: MSTR) with an Outperform rating on Wednesday, as analyst Dan Dolev believes the company will continue to buy more bitcoin ( BTC-USD ), the price of which he expects will keep climbing over time.
Bitcoin is down Monday, but MicroStrategy keeps buying, revealing its 12th straight weekly BTC purchase as its stash nears $50 billion.
MicroStrategy’s relentless Bitcoin buying spree continues, adding 10,100 BTC for $1.1 billion. With 471,100 BTC now in its treasury, valued at $46 billion, the firm reinforces its commitment to a Bitcoin-centric strategy amid market volatility.
MicroStrategy Inc. bought $1.1 billion of Bitcoin, as the company gears up for a shareholder vote on a 30 times increase its authorized Class A shares.
MicroStrategy Incorporated (NASDAQ:MSTR), once known primarily for its business intelligence software, has transformed itself into a unique player in the cryptocurrency space. With a market capitalization of over $85 billion and an impressive 557% return over the past year according to InvestingPro data,
MicroStrategy stock is sitting below a closely watched level as bitcoin prices ease from highs. So, is it time to buy, sell or hold?
Led by Executive Chairman Michael Saylor, the company this week opened a new front along those lines with its perpetual preferred stock offering (STRK). Preferred stock sits between equity and debt on the corporate balance sheet,