MicroStrategy said on Monday that it plans to raise up to $21 billion to turbocharge its bitcoin accumulation bet. MicroStrategy, which holds nearly 500,000 bitcoins worth $40 billion, intends to sell a type of special stock called “perpetual strike preferred stock.
MicroStrategy (MSTR) was among the first companies to hold Bitcoin (BTCUSD) on its balance sheet in June 2020. Today, several other compnanies hold the digital asset, as they view Bitcoin as a store of value and a hedge against inflation despite its underlying volatility.
We recently compiled a list of the 10 Stocks Trade Weaker on Disappointing News. In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against the other stocks.
Shares of Michael Saylor’s Strategy are on track to fall nearly half from their peak as investors fret about economic headwind.
Explore how Coinbase and MicroStrategy have positioned themselves in the cryptocurrency ecosystem and what their stock performance reveals about Bitcoin's growing influence in traditional markets.​
Cryptocurrency isn’t just for tech startups and X (formerly Twitter) enthusiasts anymore. Mainstream corporations are increasingly forced to