MicroStrategy Sinks After Nasdaq 100 Inclusion: Bitcoin Bet Under Fire?
Shares of MicroStrategy Inc. (NASDAQ:MSTR) fell more than 8.5% Monday, marking a rough debut to its nascent tenure among the Nasdaq 100. The software company and top corporate Bitcoin (CRYPTO: BTC) holder has struggled lately,
The company, the largest corporate holder of the cryptocurrency, continued a string of weekly purchases that began in early ...
"These types of things never go on forever and often end poorly," Steve Sosnick said of MicroStrategy's leveraged bitcoin bet ...
MicroStrategy (MSTR) will be included in the Nasdaq 100 stock market index, beginning one of the ultimate vampire attacks on ...
MicroStrategy’s stock falls after the sale of $561 million worth of shares was used to buy bitcoin at more than $106,000 each ...
MicroStrategy Inc., which is set to enter the Nasdaq 100 Index on Monday, announced it had purchased an additional $561 ...
MicroStrategy bought 5,262 BTC at an average price of roughly $106,662, the highest cost the firm has ever paid per BTC.
Is it a perpetual money machine or a high-stakes gamble dependent on Bitcoin's price? Examining the risks, rewards, and ...
Michael Saylor has raised $6 billion in convertible bonds, with $18 billion more to come. His strategy is unprecedented — ...
Exchange-traded funds (ETFs), governments and MicroStrategy (MSTR) own nearly one-third of all known Bitcoin (BTC) holdings.
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