MicroStrategy Falls 16% Despite New Bitcoin Record as Some Question Valuation
One of the more impressive runs higher ever seen in stocks took at least a brief breather on Thursday, with Bitcoin Development Company MicroStrategy (MSTR) sporting a double-digit percentage loss even as the price of bitcoin {{BTC}} surged to a new record high just shy of $100,
Learn why MicroStrategy’s bitcoin strategy is nothing like the Hunt Brothers’ silver scheme. Key misconceptions, differences, ...
The company has attracted attention for a huge—many would say reckless—one-way bet on bitcoin, which it started buying and ...
MicroStrategy shares plummeted sharply lower on Thursday after Citron Research said it shorted the stock against a long ...
Citron said it had hedged its perspective with a short position against MicroStrategy, even though it maintained a positive ...
The technology company's latest purchase boosts its total bitcoin holdings to 331,200 BTC, which is worth roughly $30 billion ...
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MicroStrategy's bitcoin-buying plan praised by BTIG amid crypto bull runBTIG analyst Andrew Harte is praising MicroStrategy's (NASDAQ:MSTR) plan announced at the end of October to raise $42B of ...
Citron Research has taken a short position in MicroStrategy , the company said in a post on social media platform X on ...
The company is setting a trend for others to follow, and many are already taking note of its aggressive buying strategy.
MicroStrategy stock pays no dividend, but an exchange-traded fund that holds MicroStrategy and uses stock options to generate ...
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