In the Bitcoin (BTC) world, when MicroStrategy makes a move, the market shifts. With every purchase, MicroStrategy tightens its grip on Bitcoin (BTC), leaving investors wondering just how big the next buy can be.
Strategy (formerly MicroStrategy) stock fell nearly 17% as the company announced plans to raise $21 billion to buy more Bitcoin while the cryptocurrency's price decline
Shares of MicroStrategy Inc ( MSTR 2.99%) are falling on Monday. The company's stock lost 12.6% as of 10:50 a.m. ET and was down as much as 13.9% earlier in the day. The drop comes as the S&P 500 lost 2%, and the Nasdaq Composite lost 3.5%.
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.
If this trend continues, MicroStrategy may need to reassess its aggressive Bitcoin acquisition strategy. While the company also owns a small software business, its shares largely
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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.
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.​
But stocks of top US crypto firms were up in Monday morning trading in New York on the back of Trump’s announcement.