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bitcoin, MicroStrategy and Wall Street
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 ...
9h
This Crypto ETF Could Soar 100% Next Year, According to Wall Street Investment Firm Bernstein
Based on analysis from Wall Street investment firm Bernstein, the iShares Bitcoin Trust could soar another 100% in 2025. The ...
cryptoglobe
5d
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.
8d
on MSN
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.
5d
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 ...
Hosted on MSN
8h
MicroStrategy stock, $MSTR, just fell a massive -35% from its peak on November 21st
According to Google Finance data, MicroStrategy shares have dropped to ~$353, down 34% from Nov. 21st’s high of ~$535. The ...
24/7 Wall St
2d
Stock Market News: Nasdaq Composite Rises & Wall St Upgrades MicroStrategy (MSTR) and Palantir (PLTR)
Earnings 11:15 am NVIDIA (Nasdaq: NVDA) stock is among the biggest losers in the S&P 500 today. It’s down 3% while other ...
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