Which of these Bitcoin-driven companies is a better investment right now?MicroStrategy (MSTR 3.59%) and KULR Technology (KULR -14.37%) both recently generated a lot of buzz with their big investments in Bitcoin (BTC -0.18%). Microstrategy, which started buying Bitcoin in 2020, had accumulated 279,420 Bitcoins as of Nov. 10. Those holdings are worth $26.2 billion, or 35% of its enterprise value of $75.3 billion, and have largely overshadowed its core software business.KULR, a developer of thermal management ...

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, ...

Software name MicroStrategy Inc (NASDAQ:MSTR) is plummeting in pre-market trading, last seen at $317.97 after the company revealed a sale of 592,987 shares valued at $209 million and a subsequent acquisition of 2,138 bitcoins, worth the same amount. MSTR has been a major market mover over the past few months. Most pullbacks were captured by the $330 floor, though today's plunge brings the stock to its lowest mark since early November. For 2024, the security has jumped 422%. Call traders have been swarming M ...

And don't forget all the iPhone innovation.In this podcast, Motley Fool analyst Asit Sharma and host Ricky Mulvey discuss:Microstrategy's entrance into the Nasdaq-100.How Apple is trying to kick-start growth.A burgeoning competitor to Uber and Lyft.Then, Motley Fool analyst Anthony Schiavone joins host Mary Long for a look at UPS and its frenemy relationship with Amazon.Sign up for Breakfast News, The Motley Fool's free daily market email newsletter: www.fool.com/breakfastnewsTo catch full episodes of all T ...

Following the moves of billionaires across Wall Street can provide some valuable insight into the ideas of some of the smartest investors around. While any single trade rarely means too much, taken in aggregate, interesting trends can emerge.One fund in particular has seen an incredible inflow of capital from these investors during the last year: the iShares Bitcoin Trust ETF (IBIT 6.36%). The exchange-traded fund (ETF) is the largest of the new spot Bitcoin ETFs that launched in January after receiving the ...

U.S. stock futures were lower this morning, with the Dow futures falling over 100 points on Thursday.Shares of MicroStrategy Incorporated MSTR fell sharply in today's pre-market trading following the company's announcement to issue more shares to finance additional Bitcoin BTC/USD acquisitions. This move aligns with MicroStrategy's ongoing strategy to bolster its Bitcoin reserves.MicroStrategy shares fell 3.5% to $345.65 in the pre-market trading session.Here are some other stocks moving lower in pre-market ...

MicroStrategy (NASDAQ: MSTR) has been the great beneficiary of the other 2024 boom – the one in the cryptocurrency market. The company’s strategic investment in Bitcoin (BTC), paired with BTC’s own stellar performance, has led to a share price skyrocketing of 384.87% in the year-to-date (YTD) chart and a press time price of $332.23.MSTR stock YTD price chart. Source: GoogleHowever, on December 24, 2024, MicroStrategy stock is facing an increasing danger of an imminent plummet, with at least one cause being ...

MicroStrategy (MSTR) , the world’s largest Bitcoin hoarder, is set to join the Nasdaq 100 index today. The move will offer the cryptocurrency more exposure in the tech-heavy market. The stock is often viewed as a Bitcoin proxy. The MSTR stock surged 11.6% on Dec. 20, though the stock posted a weekly loss of 14.4% due to less dovish Fed cues.Nasdaq 100 Gains Indirect Bitcoin ExposureThe $25.7 trillion index, composed of the top 100 tech and non-financial companies from the larger Nasdaq Composite index, now ...

Michael Saylor, chairman and chief executive officer at MicroStrategy, during an interview at the Bitcoin 2023 conference in Miami Beach, Florida, US, on Thursday, May 18, 2023. Eva Marie Uzcategui | Bloomberg | Getty ImagesOn the eve of MicroStrategy's stock market debut in June 1998, founder Michael Saylor stayed in a penthouse suite at the Lotte New York Palace in Midtown Manhattan. Saylor, who was 33 at the time, says it was the most exquisite hotel room he'd ever seen, paid for by lead underwriter Merr ...

U.S. stock futures advanced on Monday following a tumultuous week which included the Federal Reserve’s hawkish rate cut on Wednesday and a “Triple Witching” hour session on Friday. Two out of the four major index futures were trading higher in premarket trade.The 10-year and two-year Treasury yields stood at 4.53% and 4.32%, respectively. The probability of having no change in the interest rates for the upcoming Jan. 31, 2025 decision was at 91.4%, according to CME Group’s FedWatch Tool.Trading schedules wi ...