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MicroStrategy Buys More Bitcoin. Stock Is Up.
MicroStrategy's $5.4B Buy Last Week Adds To Its Bitcoin Hoard; Stock Stumbles
KEY TAKEAWAYS Shares in MicroStrategy, the largest corporate holder of Bitcoin, fell Monday after the software company said it had bought $5.4 billion of the cryptocurrency.MicroStrategy ramped up acquisitions of the token this year—especially following Donald Trump’s November 5 election victory—as investors bet on a crypto-friendly administration
MicroStrategy spends $5.4 billion buying another 55,000 bitcoins, stock slips
MicroStrategy continues to add bitcoin to its balance sheet, buying another $5 billion worth of the token last week.
MicroStrategy Buys More Bitcoin. The Stock Is Down.
In an 8-K filing Monday morning, MicroStrategy said it purchased about 55,500 bitcoin in its largest buy ever, bringing its total holdings to approximately 386,700 bitcoin. The pu
1h
on MSN
Wall Street analyst slaps the highest MicroStrategy stock-price target yet — here’s why.
Shares of MicroStrategy Inc. looked set to extend their bounce on Monday, after Benchmark analyst Mark Palmer raised his ...
1h
MicroStrategy Accelerates Bitcoin Buying With Record Purchase
MicroStrategy Inc. bought a record $5.4 billion in Bitcoin, the third major purchase announced this month by the crypto hedge ...
4h
MicroStrategy Purchases Another $5.4 Billion in Bitcoin
MicroStrategy Inc. bought another $5.4 billion in Bitcoin, marking its third acquisition this month as the company rapidly ...
4h
Analysts overhaul MicroStrategy stock price target amid bitcoin rally
Bernstein analyst Gautam Chhugani, who boosted his price target on MicroStrategy by $310 to $600 a share in a note published ...
Coingape
44m
MicroStrategy (MSTR) Stock Price Target Raised To $600 By Bernstein
Michael Saylor explains that MicroStrategy's MSTR stock adds value to Bitcoin just as oil companies gain value by refining ...
Crypto Briefing
3h
MicroStrategy acquires 55,500 Bitcoin for $5.4 billion
MicroStrategy's Bitcoin acquisition strategy grows with a $5.4 billion purchase, boosting holdings as it targets long-term ...
4h
Understanding MicroStrategy
MicroStrategy faces significant refinancing risk, which could lead to unfavorable debt terms or even bankruptcy. Read why I'm ...
CoinDesk
3h
Michael Saylor's MicroStrategy Makes Mammoth BTC Purchase, Adding 55,500 Tokens for $5.4B
This purchase comes after MicroStrategy's last week completed its latest sale of convertible debt, raising $3 billion on the ...
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