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 ...
Key support levels and market sentiment drive Bitcoin’s turbulent journey toward the $100,000 milestone.
Drawbacks: Traders are paying more for MicroStrategy stock than the underlying coins are worth, so traders need a spiral in ...
From Lockheed Martin to Etsy, the opinions Elon Musk shares on social media affect companies' stock and share values.
Bitcoin’s run toward $100,000 has helped unleash massive gains for shares of a handful of cryptocurrency-adjacent companies.
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 ...
During the past 12 months, Bitcoin's price rose about 145% as interest rates declined. MicroStrategy's stock soared nearly 540% during that period, but Marathon's stock advanced less than 120%.
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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