MicroStrategy Falls 16% Despite New Bitcoin Record as Some Question Valuation
One of the more impressive runs higher ever seen in stocks took at least a brief breather on Thursday, with Bitcoin Development Company MicroStrategy (MSTR) sporting a double-digit percentage loss even as the price of bitcoin {{BTC}} surged to a new record high just shy of $100,
The company has attracted attention for a huge—many would say reckless—one-way bet on bitcoin, which it started buying and ...
Learn why MicroStrategy’s bitcoin strategy is nothing like the Hunt Brothers’ silver scheme. Key misconceptions, differences, ...
The technology company's latest purchase boosts its total bitcoin holdings to 331,200 BTC, which is worth roughly $30 billion ...
MicroStrategy Inc. increased the amount of convertible senior notes it plans to sell to fund the purchase of additional ...
MicroStrategy stock pays no dividend, but an exchange-traded fund that holds MicroStrategy and uses stock options to generate ...
One exchange-traded fund (ETF) that tracks spot Bitcoin prices is the iShares Bitcoin Trust ( IBIT 1.05%). BlackRock, the ...
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Leveraged MicroStrategy Markets Showcase Risk-On Like Never Before as Bitcoin Aims for Six-Digit PriceTraders are adding leverage on top of an already leveraged MSTR ETF, signaling heightened risk appetite and a build up of ...
Bitcoin was soaring toward six figures for the first time as it extends its record-breaking rally early Thursday.The world’s ...
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