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.
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With MicroStrategy options trading at high prices, arbs were willing to accept no yield on the convertibles because they ...
Michael Saylor's MicroStrategy reportedly lost $30 billion in Bitcoin's recent dip, The Kobeissi Letter revealed on Wednesday ...
On Tuesday, MicroStrategy Inc (MSTR) stock saw a decline, ending the day at $353.69 which represents a decrease of $-49.76 or -12.33% from the prior close of $403.45. The stock opened at $382.78 and ...
The company's Bitcoin strategy has trounced the market and made shareholders rich. But will the good times continue?
The price of Bitcoin was rising on Wednesday, but it will need to rally a fair bit from here to hit six figures for the first ...
Yesterday, vocal Bitcoin advocate and co-founder of MicroStrategy, Michael Saylor, Tweeted that his company had acquired $5.4 ...
MicroStrategy is currently up 416%, year-to-date, but it's down almost 40% from its all-time high, which was set on Nov. 21. MicroStrategy's net asset value premium has dropped to 2.09. On Nov. 20, ...
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