MicroStrategy stock saw some of the most options volume over the last 10 days Shares of crypto-adjacent name MicroStrategy Inc (NASDAQ:MSTR) are 4.2% lower today, last seen trading at $135.56, falling alongside Bitcoin (BTC). At last glance, BTC is down 2.4% at $57,803.20, but earlier fell as low as $57,628.37. Since the start of September, BTC has lost 2.1%, while MSTR is up 2.2% in the same timeframe. The latter is coming off a 23.8% weekly gain that helped stretch its year-over-year lead to 298%. Daily C ...

MicroStrategy's Big Bitcoin Bet: Risky or Genius? Why This Company's All-In on Crypto and What It Means for Investors Alfonso holds a Bachelor's degree in Economics. With his expertise in financial markets, he delivers insightful analysis and investment strategies. Off work, he enjoys playing soccer, combining his passion for sports with his financial acumen. MicroStrategy isn't your average tech company anymore. Once known for its business software, it's now a full-blown "Bitcoin development company." Led ...

Bitcoin is rising above $64,000, and MicroStrategy shares are soaring by 40% in three days in Suqian, Jiangsu Province, China, on February 29, 2024. MicroStrategy shares jumped more than 8% on Friday after founder Michael Saylor said the company purchased another $1.1 billion worth of bitcoin. The stock jumped 24% for the week and is now up 124% this year. Saylor said in a post on X that MicroStrategy's average purchase price in the four years it's been buying bitcoin is $38,585 per coin. Bitcoin is current ...

Software company MicroStrategy Inc MSTR has purchased more Bitcoin BTC/USD, continuing the company's strategy of buying the leading cryptocurrency asset. What Happened: MicroStrategy announced Friday it acquired 18,300 Bitcoin between Aug. 6 and Sept. 12. The announcement comes days after MicroStrategy Executive Chairman Michael Saylor highlighted the company's outperformance compared to all the S&P 500 companies. The software company co-founded by Saylor said the 18,300 Bitcoin were acquired for around $1. ...

Joe Raedle MicroStrategy (NASDAQ:MSTR) is the premier Bitcoin play on the NASDAQ that is positioned for explosive growth during the upcoming Q4 crypto bull run. Too many investors are sleeping on the fact that MSTR has outperformed nearly every single S&P 500 stock since Michael Saylor adopted a corporate Bitcoin strategy in August 2020. MSTR Performance vs Other Assets (microstrategy.com) Think about this for a second: Saylor returned more value to shareholders by borrowing capital and purchasing 1 single ...

Vice President Kamala Harris and former President Donald Trump faced off in the first presidential debate yesterday, after which pop star Taylor Swift endorsed Harris. Traders are anticipating a Harris win after the event, with online betting site PredictIt showing bets improving to 56% from 53%. The news brought the crypto sector, which would likely benefit from Trump's support of the industry should he win the election, back into focus. Below, let's check how MicroStrategy Inc (NASDAQ:MSTR) and Riot Platf ...

Hitting $13 million is a tall order for Bitcoin. Is it possible? Do you feel like you've missed the boat on Bitcoin's (BTC 3.54%) meteoric rise? If Michael Saylor is to be believed, you might be in luck. Saylor, the brash chief of business intelligence firm MicroStrategy (NASDAQ: MSTR), is known for bold, often controversial takes and is fond of making eye-watering Bitcoin predictions. His latest claim? Bitcoin, which today hovers around $56,000, could be worth as much as $13 million by 2045. That's a rough ...

Key Takeaways Stocks with bitcoin exposure are trending higher as the price of bitcoin recovers some of its losses suffered Friday. Bitcoin is back above $56,000 after trading at about $52,600 on Friday but remains below its levels from earlier last week. Friday's underwhelming August jobs report may have investors questioning seemingly riskier assets, like cryptocurrencies. Shares of cryptocurrency stocks including Coinbase Global (COIN) and MicroStrategy (MSTR) were on the rise Monday as the price of bitc ...

NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading provider of leverage-focused exchange-traded funds (ETFs), has filed with the SEC to increase the leverage exposure on its flagship MSTX (MicroStrategy) ETF from 1.75x to 2x. This filing has not yet been approved by the SEC. The announcement coincides with the fund surpassing $100 million in assets under management (AUM). The rapid growth reflects strong investor demand for the product's amplified exposure to MicroStrategy Inc. (MSTR), a ...

Check out the economic factors and company-specific risks behind these drops. Many stocks in the orbit of leading cryptocurrency Bitcoin (BTC -2.64%) plunged in August. Here are a few prominent examples, according to data from S&P Global Market Intelligence: As expected, exchange-traded funds (ETFs) tied to Bitcoin's spot price, such as the iShares Bitcoin Trust ETF (IBIT -2.59%), matched the cryptocurrency's 10.4% price drop almost exactly. Meanwhile, the enthusiastic Bitcoin investors of MicroStrategy (MS ...