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,
Learn why MicroStrategy’s bitcoin strategy is nothing like the Hunt Brothers’ silver scheme. Key misconceptions, differences, ...
The company has attracted attention for a huge—many would say reckless—one-way bet on bitcoin, which it started buying and ...
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 ...
The company is setting a trend for others to follow, and many are already taking note of its aggressive buying strategy.
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 ...
Bitcoin was soaring toward six figures for the first time ever as it extends its record-breaking rally early Thursday. The ...
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