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Bitcoin, MicroStrategy
Forget Bitcoin, MicroStrategy is up 500% this year, and Michael Saylor explains how the stock has outperformed its underlying assets
"MicroStrategy found a way to outperform Bitcoin," Saylor told the WSJ. "The way that we outperform Bitcoin, in essence, is we just lever up Bitcoin."
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’s Michael Saylor Talks Bitcoin, His Stock, and What’s Next
It’s been a wild ride lately for Michael Saylor, executive chairman of MicroStrategy, once a software company but now really a leveraged play on Bitcoin. The numbers are mind-boggling. Shares of MicroStrategy have soared 459% year to date (versus 26% for the S&P 500),
MicroStrategy’s Big Bitcoin Game May Signal Volatility Ahead
How can Microstrategy borrow billions at 0% to continue buying bitcoin and what does this reveal about market players’ expectations.
3d
on MSN
Is MicroStrategy creating the next big Bitcoin bubble?
Since 2020, Saylor has leveraged his publicly traded company to amass over $14 billion in paper profits by buying more than ...
2d
on MSN
MicroStrategy Stock Furthers Rise on Firm's Bitcoin Holdings
Key Takeaways MicroStrategy shares continued to move higher along with the price of bitcoin, which traded at more than ...
3d
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 ...
5d
on MSN
EXCLUSIVE: Following MicroStrategy $5.4 Billion BTC Buy, Draper Says his $120k 2024 Prediction Could Be “Underestimating”
Draper has been making price predictions for BTC since 2014 when he forecast that BTC, which was approximately $500, would ...
6d
on MSN
MicroStrategy's $5.4B Buy Last Week Adds To Its Bitcoin Hoard; Stock Stumbles
Shares in MicroStrategy, the largest corporate holder of bitcoin, initially jumped and then fell Monday after the software ...
6d
on MSN
MicroStrategy’s bitcoin buys lead to a new Wall Street-high stock price target
MicroStrategy buys more bitcoin, and Benchmark analyst’s new Street-high stock price target implies more than 60% upside.
5d
on MSN
Could MicroStrategy Stock Help You Become a Millionaire?
The company's Bitcoin strategy has trounced the market and made shareholders rich. But will the good times continue?
2d
on MSN
Top Stock Movers Now: Hasbro, MicroStrategy, Super Micro Computer, and More
U.S. equities headed to Friday's early close—and the conclusion of November trading—in positive territory as the ...
3d
How Does MicroStrategy Use Bitcoin To Make Money?
MicroStrategy claims to have found an infinite money glitch by using inflating dollars to accumulate scarce bitcoin. But how ...
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