Short-Seller Andrew Left Slams MicroStrategy. Is Michael Saylor's Bitcoin Stock in Trouble?
MicroStrategy is unique on the stock market because it essentially acts like a leveraged Bitcoin ETF. Chief Executive Officer Michael Saylor, one of the biggest evangelists for the digital coin, began buying it for his company in 2020, and it held 252,220 bitcoins as of the end of the third quarter.
SOS Stock Rallies
The price of the flagship cryptocurrency was last higher by 5% at $95,886.00, according to Coin Metrics, while ether jumped ...
Drawbacks: Traders are paying more for MicroStrategy stock than the underlying coins are worth, so traders need a spiral in ...
MicroStrategy buys more bitcoin, and Benchmark analyst’s new Street-high stock price target implies more than 60% upside.
In January, spot bitcoin ETFs began trading, which opened the door to more mainstream investors. Last week, options on those ...
Popular streamer Amouranth shares information about her current Bitcoin balance, asking her followers what she should do with ...
Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead ...
The stock-to-flow model, which accounts for the availability and production of an asset, can help predict the future bitcoin price. They say that the simplest way to beat the system is through ...
Shares of Bitcoin BTC/USD mining stock CleanSpark Inc CLSK are moving higher Monday after the company announced approval for an increase of its authorized shares. What Happened: CleanSpark held a ...
On the yearly chart, Bitcoin rose 146% while MicroStrategy is up over 599% as more retail investors pour into Saylor’s stock, ...
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