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.
With MicroStrategy options trading at high prices, arbs were willing to accept no yield on the convertibles because they ...
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Shares in MicroStrategy, the largest corporate holder of bitcoin, initially jumped and then fell Monday after the software ...
The company's Bitcoin strategy has trounced the market and made shareholders rich. But will the good times continue?
MicroStrategy buys more bitcoin, and Benchmark analyst’s new Street-high stock price target implies more than 60% upside.
MicroStrategy Inc. bought a record $5.4 billion in Bitcoin, the third major purchase announced this month by the crypto hedge ...
Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.
The price of Bitcoin was rising on Wednesday, but it will need to rally a fair bit from here to hit six figures for the first ...
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