LQWD Technologies Corp. Joins MicroStrategy Led "Bitcoin for Corporations" Initiative as Executive MemberDecember 04, 2024 11:41 AM EST | Source: LQWD Technologies Corp.Vancouver, British Columbia--(Newsfile Corp. - December 4, 2024) - LQWD Technologies Corp. (TSXV: LQWD) (OTCQB: LQWDF) ("LQWD" or the "Company"), a leader in enterprise-grade Bitcoin Lightning Network infrastructure, proudly announces its membership as an Executive Member in the esteemed Bitcoin for Corporations initiative, fou ...

ETFs that give that give retail investors magnified exposure to individual stocks are booming. That could be an ominous sign for the market, and for the funds themselves as glitches emerge.Leveraged single stock ETFs hit a record of $17 billion of trading volume on Nov. 21, according Strategas ETF strategist Todd Sohn. Several issuers have launched these funds in recent years, typically tracking stocks with high volatility like Nvidia, Tesla and MicroStrategy."The entire leveraged cohort is just 0.4% of U.S ...

Michael Saylor's company MicroStrategy (MSTR -1.85%) has arguably been the best-performing stock in the market this year, even outperforming many of the artificial intelligence darlings that have fueled the bull market. MicroStrategy is up roughly 518% this year. Stocks that grow like a weed tend to attract short sellers who are constantly on the hunt for overvalued stocks, and today's market likely has many candidates worthy of attention. Now, a formerly bullish analyst thinks MicroStrategy's stock is way ...

Shares of MicroStrategy (MSTR -1.85%), the cloud software stock that has converted itself into a Bitcoin (BTC 0.50%) treasury stock, were surging last month, benefiting from all-time high Bitcoin prices and the belief that the Trump administration will adopt crypto-friendly policies.As a result, the stock finished the month up 59%, according to data from S&P Global Market Intelligence. Microstrategy's stock tends to trade as a leveraged Bitcoin ETF, which helps explain the stock's volatility over the month. ...

Key TakeawaysMicroStrategy 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, and is seen by many investors as one of the best stock plays tied to cryptocurrencies.Earlier this week, MicroStrategy announced that it had purchased an additional 55,500 bitcoin (BTC) for approximately $5.4 billion between Nov. 18 and Nov. 24, and now holds 386,700 BTC. It was ano ...

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%, and already boasts a jaw-dropping 550.7% lead for the year. While shares have taken a step back from their Nov. 21, record high of $543, support remains at the 20-day moving average.Short sellers are already hitting the exits, with short interest down 7.7% over the last two reporting periods. Th ...

A painful history lesson likely awaits MicroStrategy and its shareholders.This has been a banner year for the stock market. All three major indexes -- the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite -- have catapulted to multiple record-closing highs, with excitement surrounding artificial intelligence (AI), stock-split euphoria, and optimism following the election of Donald Trump driving gains in 2024.But in not-so-subtle fashion, cryptocurrencies and cryptocurrency stocks have blown these ...

MicroStrategy NASDAQ: MSTR stock is up more than 500% since the beginning of 2024 and has the potential to grow even more. As the world's largest corporate holder of Bitcoin (CRYPTOCURRENCY: BTC) and a potential pioneer in establishing a Bitcoin reserve bank, the company is well-positioned in an industry where the underlying asset is expected to keep appreciating in value. However, forces in play promise to bring volatility to this market, so investors should be prepared. Get MicroStrategy alerts:MicroStrat ...

MicroStrategy (NASDAQ: MSTR), a business intelligence firm turned Bitcoin (BTC) powerhouse, has once again grabbed headlines with its largest-ever Bitcoin acquisition to date. The company revealed in a filing on November 25 that it had purchased 55,000 Bitcoin between November 18 and 24 for $5.4 billion.This latest acquisition brings its total Bitcoin holdings to an eye-popping 386,700 BTC. Acquired at an average price of $56,761 per coin, the firm’s total Bitcoin investments now amount to $21.9 billion. Kn ...

MicroStrategy's Bitcoin Strategy - MicroStrategy has become one of the most valuable stocks on the Nasdaq by pursuing a simple strategy: buying Bitcoin [1] - The stock has soared alongside Bitcoin's gains this year, driven by the broader bull market, the launch of spot Bitcoin ETFs, and optimism about crypto-friendly policies under a potential new Trump administration [2] - MicroStrategy is unique in the stock market as it essentially acts like a leveraged Bitcoin ETF, with CEO Michael Saylor being one of the biggest evangelists for the digital coin [2] - As of the end of Q3 2023, MicroStrategy held 252,220 bitcoins [2] Valuation and Financials - MicroStrategy's market cap was $94.8 billion as of Nov 22, 2023, with the company now identifying itself as a Bitcoin treasury company [3] - Based on its market cap and Bitcoin holdings, the company is valued at $375,864 per token, nearly four times the price of Bitcoin ($98,807 at the time of writing) [3] - The value of Bitcoin held on MicroStrategy's balance sheet is $22.4 billion [3] - The company is sitting on a gain of $49,441 per Bitcoin, with an average purchase price of $39,266, totaling $12.5 billion in gains from its Bitcoin purchases [3] - MicroStrategy has $4.2 billion in long-term debt as it continues to borrow money and sell stock to buy Bitcoin [3] Risks and Volatility - MicroStrategy trades like a leveraged Bitcoin ETF due to its consistent increase in Bitcoin exposure, making it an outsized bet on Bitcoin's price movement [4] - The company's valuation of Bitcoin holdings could be seen as a price target for the cryptocurrency, as Bitcoin would need to reach that level for MicroStrategy's share price to make sense [4] - If Bitcoin's price collapses, MicroStrategy could become insolvent, though the crypto would have to fall sharply from its current price for that to happen [4] - A Bitcoin crash could lead to a loss of investor confidence in MicroStrategy, potentially causing the stock to be abandoned [4] Market Sentiment and Short-Selling - Citron Research, a well-known short-seller, has reversed its position on MicroStrategy, claiming the company is overvalued and its model is unsustainable [2] - Citron argues that MicroStrategy's value has completely detached from Bitcoin's performance, though it remains bullish on Bitcoin itself [2] - MicroStrategy's stock plunged 16% last Thursday when Citron published its short report [2] Investment Considerations - MicroStrategy's stock performance is heavily tied to Bitcoin's price movements, making it difficult to predict without considering Bitcoin's volatility [5] - Bitcoin's recent rise is partly attributed to the Trump administration's plans to embrace it, but the election and inauguration could lead to a pullback in the digital token [5] - Bitcoin is a high-risk asset with no fundamentals, making it prone to speculative bubbles [5] - Holding MicroStrategy stock may make sense for those bullish on Bitcoin, as it is likely to outperform Bitcoin if the cryptocurrency's price continues to rise [5] - However, if Bitcoin starts to decline, MicroStrategy investors should be prepared for the stock to crash [5]