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Bitcoin, MicroStrategy
MicroStrategy Is Buying Less and Less Bitcoin. The Stock Is Down.
It now holds 446,400 Bitcoins in total, worth about $41.4 billion based on Monday’s price of $92,678 per coin.MicroStrategy stock was down 7.2% to $306.24 in late morning trading.Shares of MicroStrategy,
MicroStrategy Buys Bitcoin Again, Stock Falls
MicroStrategy bought about $209 million of bitcoin in the past week, making it eight weeks in a row that the company has acquired more of the digital currency.
MicroStrategy Stock Drops 5%: What Bitcoin Investors Need to Know
Shares of MicroStrategy now sit firmly on their $300 price tag, which should also be considered significant as a round number. A break below $300 will increase selling pressure on the stock, targeting a retracement to $250, an 18% decline.
Is MicroStrategy Stock a Buy, Sell, or Hold After Its Latest Bitcoin Purchase?
Bitcoin (BTCUSD) and the broader cryptocurrency market. Surging past the $100,000 mark, Bitcoin’s rally was fueled by transformative events that blurred the lines between crypto and the financial mainstream.
Bitcoin Gains on MicroStrategy’s Plans to Issue More Shares
Bitcoin rose on Thursday after the digital asset’s stockpiler MicroStrategy announced a plan to issue more shares, a move that would allow it to buy even more tokens.
MicroStrategy Is Seeking To Buy More Bitcoin; Is It Time To Buy, Sell Or Hold The Stock As The Crypto Holder Racks Up Coins?
MicroStrategy stock pulled back to a closely watched level as bitcoin eased from highs. The stock bounced so is it time to buy, sell or hold?
MicroStrategy’s 10 Billion Share Move Explained
MicroStrategy seeks shareholder approval to increase authorized shares from 330 million to 10.33 billion to sustain its Bitcoin acquisition strategy. Critics seem to misunderstand the
MicroStrategy Wants to Massively Dilute Shareholders to Fund Its Bitcoin Dreams
MicroStrategy (NASDAQ:MSTR) wants to kick its Bitcoin (CRYPTO:BTC) buying strategy into hyperdrive, but is doing so at the expense of existing shareholders. It just bought its latest tranche of the cryptocurrency,
MicroStrategy Stock Slides As Bitcoin-Fueled Equity Plan Raises Dilution Concerns Among Retail Investors
Shares of MicroStrategy were down over 4% early on Thursday after the Michael Saylor-owned business intelligence firm said it wants to issue more shares, in order to buy more Bitcoin. Saylor, currently MicroStrategy’s executive chairman in charge of its Bitcoin strategy,
Bitcoin erases Christmas gains even as MicroStrategy beefs up buying push
Bitcoin's (BTC-USD) holiday momentum came to an abrupt halt just a day after its Christmas rally, even as bitcoin accumulator MicroStrategy (NASDAQ:MSTR) disclosed plans to issue additional shares to buy even more tokens.
Bitcoin drops to $95,420 after 135% gain YTD even as MicroStrategy's move may allow higher inflows
Bitcoin declined even with cryptocurrency stockpiler MicroStrategy Inc. planing to issue more shares, a move that would allow it to buy even more tokens. The digital asset was down around 3% at $95,420 as of 7:12 a.
TheStreet.com
41m
Bitcoin is ending 2024 on a losing streak. Here's why it could pop in January
Bitcoin
is ending 2024 on a downward skid — falling nearly 5% in December — despite yet another big weekly purchase from ...
9h
MicroStrategy Buys $209 Million of Bitcoin as Purchases Lessen
MicroStrategy Inc. said it bought $209 million of Bitcoin, marking the eighth consecutive week of purchases for the ...
decrypt
6h
Microstrategy Won’t Stop Buying Bitcoin, Adds Another $209 Million
Microstrategy today announced the purchase of an additional $209 million worth of Bitcoin, its eighth consecutive weekly buy.
6d
MicroStrategy’s Bitcoin Bet: Saylor’s Risky 10 Billion Share Gamble
Discover how Michael Saylor's MicroStrategy is betting big with a 10 billion share increase to invest in Bitcoin. Dive into ...
3h
MSTR Pulls Back 30% in December – Is MicroStrategy’s Bitcoin Strategy at Risk?
MicroStrategy’s Bitcoin bet grows, but MSTR slides 30% from highs. Traders eye further downside as stock diverges from BTC’s late-2024 rally.
7h
MicroStrategy Crashes 7% Amid Slow Bitcoin Purchases
MicroStrategy (MSTR, Financial) stock loses around 7% on monday as the company reports a drop in weekly Bitcoin purchases.
cryptonews
8h
MicroStrategy Continues Bitcoin Buying Spree, Acquires 2,138 BTC
MicroStrategy continues its active Bitcoin buying spree, acquiring 2,138 BTC for $209 million and holding a total of 446,400 ...
7h
MicroStrategy snags another 2,138 bitcoins at less than $100,000 per coin
The stock MSTR was last down 5%, after the company said it sold an aggregate of 592,987 shares between Dec. 23 and Dec. 29 ...
9h
MicroStrategy Keeps Building Its $41.6B Bitcoin Fortune, While Surging 422%
MicroStrategy's Bitcoin-focused strategy fuels 422% YTD stock surge, solidifying its position as a top crypto holder.
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