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.
MicroStrategy Stock Drops as Bitcoin Bounce Fizzles Out
MicroStrategy and other crypto-related stocks were sliding on Tuesday after Bitcoin’s initial push toward $100,000 failed. All three stocks are closely tethered to the price of Bitcoin given they either hold the crypto or make money by taking trading fees from investors buying or selling it.
Michael Saylor, the founder of MicroStrategy, has become one of Bitcoin’s most vocal advocates, boldly proclaiming, “There is ...
KEY TAKEAWAYS Shares in MicroStrategy, the largest corporate holder of Bitcoin, fell Monday after the software company said ...
Under CEO Michael Saylor’s leadership, MicroStrategy has transformed from a modest software company into a significant player ...
Draper has been making price predictions for BTC since 2014 when he forecast that BTC, which was approximately $500, would ...
Influential cryptocurrency analyst Willy Woo shared his perspective on the potential liquidation risk of MicroStrategy Incorporated (NASDAQ:MSTR), a firm whose aggressive Bitcoin (CRYPTO: BT ...
Michael Saylor's MicroStrategy reportedly lost $30 billion in Bitcoin's recent dip, The Kobeissi Letter revealed on Wednesday ...
MicroStrategy continues to add bitcoin to its balance sheet, buying another $5 billion worth of the token last week.
MicroStrategy's treasury model is unprecedented and will attract billions in capital from investors around the world to ...
SOS Ltd. saw its stock trade higher after the firm announced its Board of Directors approved a $50 million investment to ...
The company's Bitcoin strategy has trounced the market and made shareholders rich. But will the good times continue?
MicroStrategy Inc.’s move to ramp up its bitcoin acquisition effort bodes well for the software company and cryptocurrency ...
Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.
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