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 (MSTR) Stock Price Target Raised To $600 By Bernstein
Michael Saylor explains that MicroStrategy's MSTR stock adds value to Bitcoin just as oil companies gain value by refining oil to gasoline.
MicroStrategy price target raised to $600 from $290 at Bernstein
Bernstein raised the firm’s price target on MicroStrategy (MSTR) to $600 from $290 and keeps an Outperform rating on the shares.
MicroStrategy Buys Record $5.4 Billion of Bitcoin
MicroStrategy, the software-intelligence company turned bitcoin-holding entity, has bought about $5.4 billion of bitcoin, its largest bitcoin purchase since it first started acquiring the cryptocurrency more than four years ago.
MicroStrategy Accelerates Bitcoin Buying With Record Purchase
MicroStrategy Inc. bought a record $5.4 billion in Bitcoin, the third major purchase announced this month by the crypto hedge fund proxy.
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.
This Crypto ETF Could Soar 100% Next Year, According to Wall Street Investment Firm Bernstein
The launch of the new spot Bitcoin ( BTC 1.13%) exchange-traded funds (ETFs) in January has arguably been the biggest story ...
MicroStrategy Could Soon Reveal $3 Billion of Bitcoin Buys With Bond Proceeds
The crypto world is awaiting a fresh MicroStrategy purchase of bitcoin using proceeds from a $3 billion convertible bond sale ...
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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 ...
What's Next for MicroStrategy Stock as Bitcoin Nears $100,000?
MicroStrategy stock is up more than fivefold in 2024 thanks to a furious rally in bitcoin. Here's what you need to know.
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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.
MicroStrategy's Bitcoin holdings soar to 331,200 following massive buy
The company is setting a trend for others to follow, and many are already taking note of its aggressive buying strategy.
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 ...
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MicroStrategy Completes $3B Note Offering Amid Stock Decline
MicroStrategy completed a $3 billion zero-interest convertible note offering while its stock fell 16.2% despite Bitcoin ...
Why MicroStrategy Stock Rocketed 24.7% Higher This Week
Shares of MicroStrategy (NASDAQ: MSTR) jumped 24.7% higher this week, according to data from S&P Global Market Intelligence.