About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Under Michael Saylor’s leadership, MicroStrategy (NASDAQ: MSTR) has become the publicly-traded company that has most closely tied its prospects to leading cryptocurrency Bitcoin (BTC).The business is the largest corporate holder of Bitcoin — and there are no signs to indicate that its accumulation strategy is slowing down. With the bull market already in full swing and BTC set to cross the $100,000 threshold any time soon, MSTR shares have benefited greatly.Chart detailing MicroStrategy’s Bitcoin accumulati ...

For ETF issuers, the industry can be a fickle beast. Success is often dependent on factors that are outside of their control. If a fund launches at just the right time, it can come storming out of the gate. If it debuts right before aEditor of ETF Focus on TheStreet.com. On Substack at www.substack.com/etffocus. To receive notifications of new articles and blog posts as soon as they're published, click on the orange Follow button and become a real-time follower.Analyst’s Disclosure: I/we have no stock, opti ...

Shares of MicroStrategy (MSTR 6.19%) jumped 24.7% higher this week, according to data from S&P Global Market Intelligence. The Bitcoin investment company was helped by the cryptocurrency's price appreciation this week along with a convertible debt offering at a 0% interest rate. As of the market close on Friday, Nov. 22, MicroStrategy stock is up 515.7% year to date. Here's why the stock was rising yet again this week.More Bitcoin appreciation and debt offeringBack in 2020, MicroStrategy CEO Michael Saylor ...

MicroStrategy Could Soon Reveal $3 Billion of Bitcoin Buys With Bond Proceeds ...

After a huge post-election rally, Bitcoin (BTC -0.34%) just hit another all-time high, and is on the cusp of breaking through the $100,000 mark for the first time ever. For the year, it is now up 110%.But what if I told you that there was a crypto stock that was absolutely crushing Bitcoin's performance this year? That's right: MicroStrategy (MSTR 6.19%) is now up 462% for 2024 and is doing so on the basis of an aggressive strategy that involves buying as many bitcoins as it possibly can. So which is the be ...

Bubbles Always BurstHistory is littered with the memories of epic bubbles in various markets worldwide. “Tulip Mania” took the Netherlands by storm in the 17th century when tulip bulb prices exploded to extraordinary heights before crashing down to earth. In the early 1980s, the billionaire Hunt brothers, believing that inflation would run rampant, attempted to corner the market in silver by acquiring roughly 30% of the privately held silver. Silver prices soared before suffering a rapid order 50% drawdown. ...

Microstrategy (MSTR 10.05%) continues its incredible run as the company sells more debt and equity to buy more Bitcoin (BTC 2.13%). Shares were up as much as 16% in trading on Wednesday and are up 12.5% near the end of trading on Wall Street.On Monday, the company announced it had acquired 51,780 Bitcoin for approximately $4.6 billion at an average price of $88,627. On Wednesday, the company announced the pricing of $2.6 billion of 0% convertible senior notes due in 2029. The notes could convert into cash o ...

Key TakeawaysMicroStrategy shares surged again Wednesday, lifted by bitcoin's recent record-high.The technology company is the largest corporate holder of bitcoin, with about $31 billion worth in its portfolio.MicroStrategy stock is up nearly 700% this year, even outperforming bitcoin itself. MicroStrategy (MSTR) shares rocketed higher again Wednesday, as the largest corporate holder of bitcoin reaps the benefits of record high prices for the cryptocurrency.  The price of bitcoin hit a record of more than $ ...

The board of Acurx Pharmaceuticals approved Wednesday the purchase of up to $1 million in bitcoin to hold as a treasury reserve asset. Shares of the the company were last lower by more than 6% after spiking about 8% in premarket trading."As demand for bitcoin grows, and so does its acceptance as a major and primary asset class, we believe that bitcoin will serve as a strong treasury reserve asset for cash not needed over the next 12 to 18 months" CEO David P. Luci said in a statement."Its limited supply and ...