Short-Seller Andrew Left Slams MicroStrategy. Is Michael Saylor's Bitcoin Stock in Trouble?
MicroStrategy is unique on the stock market because it essentially acts like a leveraged Bitcoin ETF. Chief Executive Officer Michael Saylor, one of the biggest evangelists for the digital coin, began buying it for his company in 2020, and it held 252,220 bitcoins as of the end of the third quarter.
On Tuesday, MicroStrategy Inc (MSTR) stock saw a decline, ending the day at $353.69 which represents a decrease of $-49.76 or -12.33% from the prior close of $403.45. The stock opened at $382.78 and ...
With MicroStrategy options trading at high prices, arbs were willing to accept no yield on the convertibles because they ...
MicroStrategy (NASDAQ: MSTR) has been public since the late 1990s. However, the company's aggressive foray into Bitcoin has ...
Shares of MicroStrategy (NASDAQ: MSTR) jumped 24.7% higher this week, according to data from S&P Global Market Intelligence.
Michael Saylor's MicroStrategy reportedly lost $30 billion in Bitcoin's recent dip, The Kobeissi Letter revealed on Wednesday ...
MicroStrategy shares traded lower Thursday, after a blistering runup for Michael Saylor's crypto-buying software company. The ...
MicroStrategy is currently up 416%, year-to-date, but it's down almost 40% from its all-time high, which was set on Nov. 21. MicroStrategy's net asset value premium has dropped to 2.09. On Nov. 20, ...
On the yearly chart, Bitcoin rose 146% while MicroStrategy is up over 599% as more retail investors pour into Saylor’s stock, ...
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