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bitcoin, MicroStrategy and Wall Street
MicroStrategy’s bitcoin buys lead to a new Wall Street-high stock price target
Shares of MicroStrategy Inc. looked set to extend their bounce on Monday, after Benchmark analyst Mark Palmer raised his price target to the highest on Wall Street, saying the ability of the company to create shareholder value through its bitcoin purchases is being undervalued.
MicroStrategy buys more bitcoin; Wall Street ratchets up its price targets
MicroStrategy (NASDAQ:MSTR) bought ~55,500 more bitcoins for ~$5.4B in the week of Nov. 18-24, an ~17% increase in its bitcoin holdings, the company disclosed in a fil
MicroStrategy's 'unprecedented' bitcoin buying could push its stock up another 49%, Bernstein says
Bernstein analysts predict MicroStrategy will own 4% of the total bitcoin supply by the end of 2033, an amount they expect to be worth about $830 billion.
1d
History Doesn't Repeat, but It Often Rhymes on Wall Street -- and That's Terrible News for MicroStrategy
While there's no question that MicroStrategy has proved the skeptics wrong, thus far, history has a way of rhyming on Wall Street. Similar leverage-driven scenarios like this have always eventually ...
1d
on MSN
These Stocks Moved the Most Today: Nvidia, MicroStrategy, Super Micro, Gap, Texas Pacific Land, Intuit, Copart, and More
Nvidia stock trades lower, MicroStrategy claws back some of Thursday’s sharp losses, and Gap shares surge as the retailer ...
1d
Peter Schiff Calls MicroStrategy A 'Great Short' And Issues A Grim Warning: 'It Can Only End In Bankruptcy'
Influential economist and market strategist Peter Schiff said shorting MicroStrategy Inc.’s (NASDAQ:MSTR) stock was a good ...
3d
on MSN
This Crypto ETF Could Soar 100% Next Year, According to Wall Street Investment Firm Bernstein
The launch of the new spot Bitcoin ( BTC 1.13%) exchange-traded funds (ETFs) in January has arguably been the biggest story ...
11d
on MSN
MicroStrategy's Bitcoin holdings soar to 331,200 following massive buy
The company is setting a trend for others to follow, and many are already taking note of its aggressive buying strategy.
cryptoglobe
8d
Two Soaring MicroStrategy-Driven Leveraged ETFs Are Pushing Wall Street’s Risk Limits
Two High-risk MicroStrategy leveraged ETFs are soaring, challenging Wall Street's capacity to handle extreme volatility.
1d
The epic spectacle that is the bitcoin juggernaut MicroStrategy
FREE TO READ] Despite massive fundraising plans, the stock is up 450% this year, valuing the company at about $90bn ...
Hosted on MSN
3d
MicroStrategy stock, $MSTR, just fell a massive -35% from its peak on November 21st
According to Google Finance data, MicroStrategy shares have dropped to ~$353, down 34% from Nov. 21st’s high of ~$535. The ...
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