While MicroStrategy's legacy software operations remain intact, its financial core has shifted decisively toward Bitcoin.
We recently compiled a list of the Top 10 AI Stocks to Watch Ahead of Potential Market Correction. In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against the other AI stocks.
MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.
We recently compiled a list of the Why These 10 Stocks Were Skyrocketing on Friday. In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against the other stocks that were skyrocketing on Friday.
The total value of all cryptocurrencies in circulation currently stands at $3.5 trillion, which is near a record high. Bitcoin ( BTC 1.17%) accounts for more than half of that value, thanks to its market capitalization of almost $2 trillion.
Benchmark maintains its buy rating on MSTR with a price target of $650. As of Monday, MicroStrategy purchased a further 2,530 BTC taking total holdings to 450,000 BTC.
If bitcoin goes to the moon, a niche group of convertible-bond investors will win out. If the crypto tanks, they can ask for their money back early.
MicroStrategy has proposed amendments to increase authorized common shares to 10.33 billion and preferred stock to over 1 billion.
MicroStrategy shares have surged due to its unique strategy of leveraging Bitcoin and issuing debt and equity. Read my MSTR stock analysis.
The latest bitcoin purchase was funded through share sales under the company's at-the-market (ATM) program. MicroStrategy announced it would be raising up to $2 billion via a preferred stock offering to acquire more bitcoin.
Software firm MicroStrategy and its co-founder Michael Saylor have become synonymous with Bitcoin. Here’s everything you need to know.
Despite the competitive memecoin market, the “Official Trump” (TRUMP) token quickly reached a $6.9 billion market capitalization. It was immediately listed on major exchanges, including Bybit, Bitget, and KuCoin. The memecoin launched with 200 million tokens in circulation and a total supply of up to 1 billion, with 80% allocated to the issuers.