MSTR
MicroStrategy ‘Not Resting on Its Laurels’ as Bitcoin Hits All-Time High: Canaccord
The investment bank almost doubled its price target on the stock to $1,810 from $975, highest among Wall Street analysts.
Michael Saylor's MicroStrategy Purchased an Additional 3K BTC, Now Holds $10B Worth
The company now has about a $3.8 billion in unrealized profit on its bitcoin stash.
Michael Saylor Not Interested in Selling: ‘Bitcoin Is the Exit Strategy'
MicroStrategy is up billions on its bitcoin bet, but Executive Chairman Michael Saylor told Bloomberg TV there’s no reason to sell the cryptocurrency.
Michael Saylor’s MicroStrategy Bitcoin Bet Tops $4B in Profit
The company was the owner of 190,000 bitcoins as of the end of January.
Stock of Bitcoin's Biggest Public Holder Is Overvalued by 26%, Analyst Who Predicted BTC Rally Says
Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.
Michael Saylor's Bitcoin Bet Profit Tops $2B
MicroStrategy held nearly 175,000 bitcoins in its treasury as of the end of November.
Ether Surges on BlackRock’s ETF Plans; A Milestone for Michael Saylor’s Massive Bitcoin Bet
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the price action for bitcoin (BTC) and ether (ETH) after a Nasdaq filing confirmed BlackRock's plan to file for an ETH-based exchange-traded fund (ETF). The rising price of bitcoin has pushed the asset’s largest public holder, Michael Saylor's company MicroStrategy (MSTR), to unrealized gains of over $1.1 billion. Plus, Celsius is cleared to exit bankruptcy.
Bullish MicroStrategy Analysts Raise Price Targets Ahead of Q2 Earnings
A TD Cowen analyst views MicroStrategy as “an attractive vehicle for investors looking to gain bitcoin exposure."
MicroStrategy's Bitcoin Purchases Tend to Be Short-Term Negative for Prices, Research Shows
Past data shows bitcoin tends to drop 2% on the day MSTR announces new purchases.
Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge
Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter.
