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MicroStrategy Shares Are Surging Monday: What's Going On?MicroStrategy Incorporated (NASDAQ:MSTR) shares are trading higher Monday after the company acquired 51,780 additional ...
In a press release, the company announced that it has purchased 51,780 BTC for $4.6 billion at an average price of $88,627 ...
It follows MicroStrategy's Monday purchase of another $4.6 billion worth of Bitcoin, bringing its total holdings to 331,200 BTC.
Coinbase Global, Robinhood Markets, and other crypto-related stocks slipped again on Wednesday as Bitcoin’s blistering rally ...
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
Shares of MicroStrategy advanced after the company said it bought $4.6 billion worth of bitcoin last week. The stock was up 6.4% at $362.62 in early trading. Shares have risen more than fivefold this ...
The danger for investors, however, is that raising capital to acquire a digital asset like Bitcoin can be an extremely risky ...
CoinDesk on MSN7h
Bitcoin Tops $88K, Catapulting MicroStrategy to 24-Year Record Amid Supercharged Crypto RallyMichael Saylor's company surpassed its lofty dotcom bubble highs, now holding over $24 billion worth of BTC in its treasury.
Crypto trader Cold Blooded Shiller advocates for crypto stocks over coins, citing a history of outperformance. Top picks ...
The company is setting a trend for others to follow, and many are already taking note of its aggressive buying strategy.
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