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 (MSTR) Stock Price Target Raised To $600 By Bernstein
Michael Saylor explains that MicroStrategy's MSTR stock adds value to Bitcoin just as oil companies gain value by refining oil to gasoline.
MicroStrategy price target raised to $600 from $290 at Bernstein
Bernstein raised the firm’s price target on MicroStrategy (MSTR) to $600 from $290 and keeps an Outperform rating on the shares.
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.
3 Options Strategies for Those Hell Bent on Buying MicroStrategy Stock
Short seller Andrew Left of Citron Research revealed on Nov. 21 that his firm had taken a short position in MicroStrategy (NASDAQ:MSTR), the software company that has become a prominent Bitcoin owner.
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.
Bernstein Raises Its MSTR Price Target To $600 As MicroStrategy Buys Another 55.5K BTC For $5.4 Billion
Bernstein raised its price target for MSTR stock to $600 from $290 as MicroStrategy buys another 55.5K BTC for $5.4 billion.
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 ...
MicroStrategy Could Soon Reveal $3 Billion of Bitcoin Buys With Bond Proceeds
The crypto world is awaiting a fresh MicroStrategy purchase of bitcoin using proceeds from a $3 billion convertible bond sale ...
What's Next for MicroStrategy Stock as Bitcoin Nears $100,000?
MicroStrategy stock is up more than fivefold in 2024 thanks to a furious rally in bitcoin. Here's what you need to know.
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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.
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.
Booming MicroStrategy ETFs Are Straining Limits at Prime Brokers
Amid a red-hot run in the shares of MicroStrategy Inc. last month, Matt Tuttle got some bad news from the prime brokers for ...
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Wall Street is stocking on MicroStrategy as leveraged Bitcoin bet
Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology. We uphold a strict editorial policy that focuses on factual accuracy ...
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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 ...