Analyst’s Disclosure: I/we have a beneficial long position in the shares of MSTR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any i ...

MicroStrategy just announced a bold new plan to buy $42 billion worth of Bitcoin during the next three years.Michael Saylor, founder and executive chairman of MicroStrategy (MSTR 25.73%), is arguably one of the biggest Bitcoin (BTC 6.80%) bulls on the planet. Ever since his company started aggressively buying Bitcoin in August 2020, he has predicted that the price of Bitcoin has nowhere to go but up. He now thinks that Bitcoin could hit a price of $13 million by 2045.At the end of October, he delivered more ...

Core Viewpoint - Michael Saylor, Executive Chairman of MicroStrategy, is a leading advocate for Bitcoin, promoting it as "digital gold" and a superior alternative to traditional gold [1][2] Group 1: Bitcoin Investment and Market Dynamics - MicroStrategy has generated billions in profits since adopting the "Bitcoin Standard," establishing Saylor as a prominent figure in the Bitcoin community [2] - Saylor believes the current period represents a "Bitcoin gold rush" that began in January 2024 and will last until November 2034, when 99% of Bitcoin will be mined [2] - The fixed supply of Bitcoin is capped at 21 million, contrasting with fiat currencies, which can be printed without limit [3] Group 2: Impact of ETF Approval - The approval of Bitcoin ETFs has significantly increased demand from institutional investors, with Blackrock's iShares Bitcoin ETF surpassing its Gold ETF in assets within 10 months [4] - ETF approval solidifies Bitcoin's legitimacy, making it difficult for regulators to reverse their stance on the cryptocurrency [4] Group 3: Institutional Adoption - Bitcoin ETFs, with Coinbase as the custodial exchange, facilitate access for various entities, including companies, nation-states like El Salvador, and pension/mutual funds [5] Group 4: Political Developments - Senator Cynthia Lummis announced plans to build a U.S. Bitcoin Strategic Reserve, indicating growing political support for Bitcoin [6] Group 5: Market Timing - Historical data suggests that the optimal time to own Bitcoin is approximately 150 days after a "halving" event and close to presidential elections [7] Conclusion - Saylor's predictions regarding Bitcoin have proven accurate, supported by substantial investments and a strong bullish thesis for the cryptocurrency's future [9]

The bull run continues for cryptocurrencies.The crypto market is on fire today, continuing a weeklong run since the election took place. Investors are betting that a more favorable SEC and Congress will lead to more funds flowing into the industry, and ultimately innovation.Tokens are moving big, but so are crypto-related stocks. Coinbase (COIN 19.76%) was up as much as 23.7% in trading today, MicroStrategy (MSTR 25.73%) is up 23.9%, Mara Holdings (MARA 29.92%) popped 31.2%, and Riot Platforms (RIOT 16.86%) ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

There's still immense potential for the original crypto, but how much?Are you worried it's too late to buy Bitcoin (BTC 6.89%)? Although the pace of some of the cryptocurrency's previous run-ups may be difficult to match, there is still plenty of room for it to grow. But just how much?If you believe Michael Saylor, the outspoken chief of MicroStrategy (MSTR 2.16%), the answer is a whole lot. Known for his bold and fearless Bitcoin advocacy, Saylor isn't shy about setting high price targets. His latest? That ...

Long BTC and short MSTR is a bad investment concept. The problem with this pair trade idea, which has already been tried by others like the prominent fund Kerrisdale , is that it fails to acknowledge the underlyingStony Chambers is a research service that synthesizes cogent investment perspectives on risk assets. The investment philosophy centers around deep fundamentals, impactful narratives, and Austrian economics. Time horizon is the primary dividing factor for research. Long-horizon research will focus ...

Not all stock-split stocks share the same outlook, as these recently completed splits demonstrate.Although Wall Street has been rightly enamored with the long-term potential for artificial intelligence (AI) -- the analysts at PwC believe AI can add $15.7 trillion to the global economy by 2030 -- the excitement surrounding stock splits has played a meaningful role in lifting Wall Street's major stock indexes to record highs in 2024.A stock split is an event that allows a publicly traded company to alter its ...

The path to a trillion-dollar market cap for MicroStrategy is clear: Buy as much Bitcoin as possible.Right now, there are only a handful of companies with a market cap exceeding $1 trillion. With the exception of Warren Buffett's Berkshire Hathaway, all of them are high-growth tech stocks. So the natural assumption is that the next great $1 trillion company will be yet another tech company.But what if the next $1 trillion company is a crypto company instead? That's the vision for MicroStrategy Inc. (MSTR -6 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-24435 MICROSTRATEGY INCORPORATED (Exact name of registrant as specified in its charter) Delaware (State or other jurisdictio ...