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.
"The recent bitcoin boom, coupled with MicroStrategy's 500+% stock surge in 2024, has inspired a wave of companies — ...
Michael Saylor and Warren Buffett are two of the most successful investors in financial history. Saylor embraces Bitcoin as a ...
Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.
This latest acquisition took place over the past few days, with current holdings now valued at nearly $38 billion.
Note: This article has been updated to include Bernstein’s revised price target for MSTR. In a remarkable turn of events, ...
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