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MicroStrategy Falls 16% Despite New Bitcoin Record
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,
MicroStrategy Stock Plunged From Record. The Company Raised $3 Billion to Buy More Bitcoin.
MicroStrategy shares plummeted sharply lower on Thursday after Citron Research said it shorted the stock against a long position in Bitcoin.“Much respect to @saylor, but even he must know $MSTR is overheated,
MicroStrategy Stock Surges Further as Big Bitcoin Buys Pay Off
MicroStrategy shares rocketed higher again Wednesday, as the largest corporate holder of bitcoin reaps the benefits of record-high prices for the cryptocurrency.
3d
MicroStrategy’s Bitcoin Blueprint Isn’t A Hunt Brothers Silver Scheme
Learn why MicroStrategy’s bitcoin strategy is nothing like the Hunt Brothers’ silver scheme. Key misconceptions, differences, ...
2d
on MSN
MicroStrategy’s Magical Bitcoin Buying Machine Uses Some Wacky Math
The company has attracted attention for a huge—many would say reckless—one-way bet on bitcoin, which it started buying and ...
5d
on MSN
MicroStrategy Bought $4.6B Worth Of Bitcoin Even As It Soared Over $90K Last Week
The technology company's latest purchase boosts its total bitcoin holdings to 331,200 BTC, which is worth roughly $30 billion ...
22h
Citron Shorts MicroStrategy, Sparks Sharp Selloff Despite Positive Bitcoin Sentiment
Citron said it had hedged its perspective with a short position against MicroStrategy, even though it maintained a positive ...
3d
MicroStrategy to Quicken Bitcoin Buying After Boosting Note Sale
MicroStrategy Inc. increased the amount of convertible senior notes it plans to sell to fund the purchase of additional ...
4d
on MSN
MicroStrategy’s $30 billion Bitcoin Bet Is Paying Off
Between November 11 and 17, the software company purchased 51,780 Bitcoin for about $4.6 billion, new regulatory filings show ...
Seeking Alpha on MSN
2d
MicroStrategy's bitcoin-buying plan praised by BTIG amid crypto bull run
BTIG analyst Andrew Harte is praising
MicroStrategy
's (NASDAQ:MSTR) plan announced at the end of October to raise $42B of ...
2d
Citron Research discloses short position in bitcoin buyer MicroStrategy
Citron Research has taken a short position in MicroStrategy , the company said in a post on social media platform X on ...
21h
on MSN
A Banana on a Wall. Bitcoin Climbs and MicroStrategy Soars. What Can Go Wrong?
Compared to crypto, stock multiples don’t look outrageous. But in the past, rising bond yields and rich stock multiples have ...
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