Benchmark maintains its buy rating on MSTR with a price target of $650. As of Monday, MicroStrategy purchased a further 2,530 ...
While MicroStrategy's legacy software operations remain intact, its financial core has shifted decisively toward Bitcoin.
In 2020, convertibles returned 46% to investors, but then delivered an almost a 20% loss in 2022. The past few years, however, have seen double-digit returns. MicroStrategy's gamble on bitcoin ...
Companies should buy Bitcoin because bonds are “toxic,” according to MicroStrategy Inc. co-founder and Chairman Michael ...
If bitcoin goes to the moon, a niche group of convertible-bond investors will win out. If the crypto tanks, they can ask for their money back early.
On Monday, MicroStrategy (MSTR ... and whose initial bitcoin purchase was made “out of desperation” in 2020, said its chairman and co-founder Michael Saylor last month. It also has massive ...
Michael Saylor has a plan to boost MicroStrategy’s authorized Class A shares to 10.3 billion, far above its current 330 ...
MicroStrategy acquired another 51,780 BTC on Nov. 17, followed by its largest BTC buy on record of 55,500 BTC on Nov. 24 at roughly $97,000 per coin. During the 2020-2021 bull run, MicroStrategy's ...
MicroStrategy (MSTR) and its chairman, Michael Saylor, are practically synonymous with bitcoin (BTC-USD) these days, but the business intelligence company has been around since 1989. With the dot ...
MicroStrategy shares have surged due to its unique strategy of leveraging Bitcoin and issuing debt and equity to grow Bitcoin holdings per share. The company's 21/21 plan aims to raise $42 billion ...
Originally an enterprise software company, MicroStrategy pivoted in 2020 under its founder, Michael Saylor, who has embraced Bitcoin with firm commitment. The company continues to acquire more ...