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.
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Bernstein analysts predict MicroStrategy will own 4% of the total bitcoin supply by the end of 2033, an amount they expect to ...
Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.
Shares in MicroStrategy, the largest corporate holder of bitcoin, initially jumped and then fell Monday after the software ...
MicroStrategy buys more bitcoin, and Benchmark analyst’s new Street-high stock price target implies more than 60% upside.
Learn why MicroStrategy’s bitcoin strategy is nothing like the Hunt Brothers’ silver scheme. Key misconceptions, differences, ...
The technology company's latest purchase boosts its total bitcoin holdings to 331,200 BTC, which is worth roughly $30 billion ...
Michael Saylor is evolving MicroStrategy from simply holding Bitcoin to a "Bitcoin bank." Check out why I remain bullish on ...
An unprofitable software company has become one of the market’s hottest stocks, with the help of 386,700 bitcoins and a ...
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