MicroStrategy stock was rising after the company announced that it had purchased some 15,400 bitcoin for about $1.5 billion dollars. In a filing released Monday morning, MicroStrategy said it had purchased the bitcoin for an average price of $95,

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.

Shares in MicroStrategy, the largest corporate holder of bitcoin, initially jumped and then fell Monday after the software company said it had bought $5.4 billion of the cryptocurrency.

How can Microstrategy borrow billions at 0% to continue buying bitcoin and what does this reveal about market players’ expectations.

Once a fading software company struggling to stay relevant, MicroStrategy (MSTR) has outstandingly become the ultimate Bitcoin buying powerhouse, hoarding nearly 2% of the world’s entire BTC supply. What’s driving this wild transformation?

Key Takeaways MicroStrategy shares continued to move higher along with the price of bitcoin, which traded at more than $98,000 Friday morning.The business intelligence services provider is the largest corporate holder of bitcoin,

MicroStrategy Inc (NASDAQ:MSTR) stock is up 6,5% to trade at $414.02 at last glance, as Bitcoin (BTC) continues to flirt with the $100,000 level. The security is looking to extend last session's gains of nearly 10%,