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MicroStrategy buys more bitcoin
MicroStrategy’s bitcoin buys lead to a new Wall Street-high stock price target
Shares of MicroStrategy Inc. looked set to extend their bounce on Monday, after Benchmark analyst Mark Palmer raised his price target to the highest on Wall Street, saying the ability of the company to create shareholder value through its bitcoin purchases is being undervalued.
MicroStrategy buys more bitcoin; Wall Street ratchets up its price targets
MicroStrategy (NASDAQ:MSTR) bought ~55,500 more bitcoins (BTC-USD) for ~$5.4B in the week of Nov. 18-24, an ~17% increase in its bitcoin holdings, the company disclosed in a filing on Monday. The software company,
MicroStrategy's 'unprecedented' bitcoin buying could push its stock up another 49%, Bernstein says
Bernstein analysts predict MicroStrategy will own 4% of the total bitcoin supply by the end of 2033, an amount they expect to be worth about $830 billion.
Yahoo
2d
Why MicroStrategy Stock Rocketed 24.7% Higher This Week
which likely propelled investor optimism with
MicroStrategy
stock. However, there was another
news
item that likely ...
24/7 Wall St
1d
Stock Market News: Nasdaq Composite Rises & Wall St Upgrades MicroStrategy (MSTR) and Palantir (PLTR)
Live Updates Make sure to refresh this page periodically for updates. Palantir Receives Upgrade 9:18 am Another stock seeing ...
cryptoglobe
4d
Two Soaring MicroStrategy-Driven Leveraged ETFs Are Pushing Wall Street’s Risk Limits
Two High-risk MicroStrategy leveraged ETFs are soaring, challenging Wall Street's capacity to handle extreme volatility.
4d
Booming MicroStrategy ETFs Are Straining Limits at Prime Brokers
Amid a red-hot run in the shares of MicroStrategy Inc. last month, Matt Tuttle got some bad news from the prime brokers for ...
ReadWrite
5d
Wall Street is stocking on MicroStrategy as leveraged Bitcoin bet
Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology. We uphold a strict editorial policy that focuses on factual accuracy ...
1d
on MSN
These Stocks Moved the Most Today: Super Micro, Snowflake, MicroStrategy, Robinhood, Macy’s, Cassava, Bath & Body Works, and More
Shares of Super Micro Computer extend last week’s sharp gains, Snowflake stock is upgraded, and MicroStrategy falls after ...
1d
MicroStrategy acquired 55,500 bitcoins for about $5.4B from Nov. 18-24
In a regulatory filing, the company announced that, during the period between November 18 and November 24, the company acquired approximately ...
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