MSTR

MSTR

Markets

MicroStrategy's Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says

The company requires financing conditions to remain agreeable, and there needs to be continued investor demand for the firm's convertible debt, the report said.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

Markets

MicroStrategy's 'Nav Premium' Shouldn't be Feared, Says Benchmark, Raising Price Target to $245

The company's use of "intelligent leverage" differentiates its stock from other means of gaining exposure to bitcoin, argued analyst Mark Palmer.

Michael Saylor at Bitcoin 2024 in Nashville, Tennessee

Markets

MicroStrategy Soars to 25-Year High, With 'NAV Premium' the Widest Since 2021

The stock has gained 4% since bitcoin hit an all-time high in March, while bitcoin itself has declined 16%.

MicroStrategy executive chairman and co-founder Michael Saylor. (Danny Nelson/CoinDesk)

Markets

MicroStrategy 2X Leveraged ETF Sees Massive Inflows In First Week Of Trading As MSTR Outperforms Bitcoin

The T-REX 2X Long MSTR Daily Target ETF (MSTU) took in $72 million in the first week of trading, according to data by Bloomberg Intelligence.

MSTR vs BTCUSD( TradingView)

Finance

Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor's Successful BTC Strategy

Marathon Digital sold bonds to fund bitcoin purchases, following the route Saylor's MicroStrategy has taken to big stock market gains, as mining profits dwindle.

MicroStrategy Executive Chairman Michael Saylor, left, and Marathon Digital CEO Fred Thiel (Jesse Hamilton/CoinDesk)

Finance

MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High

The broker raised its year-end price target for the software company to $2,150 from $1,875.

MicroStrategy executive chairman and co-founder Michael Saylor. (Danny Nelson/CoinDesk)

Finance

MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500

Still not switching over to mark-to-market, the company booked an impairment charge of $180.1 million in the second quarter.

MicroStrategy executive chairman and co-founder Michael Saylor. (Danny Nelson/CoinDesk)

Finance

Metaplanet Buys Another $1.2M Worth of Bitcoin as Investment Strategy Progresses

The Japanese investment adviser said it acquired more than 20.2 BTC.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Markets

T-Rex Group Files for 2x Long, Inverse Microstrategy ETF

Bloomberg ETF analyst Eric Balchunas said this will be the 'ghost pepper' of ETF hot sauce.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

Finance

Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit

They are "very squeezable" due to short sellers' large positions, according to a report by data analytics firm S3 Partners.

Heavily shorted crypto stocks like MicroStrategy could be poised to shoot up. (Mediamodifier/Pixabay)