The crypto market is witnessing another sharp shift in market sentiment as MicroStrategy’s balance sheet, which is heavily weighted towards bitcoin, continues to move further into negative territory.
However, it didn't pan out the way Michael Saylor's firm intended.
MicroStrategy holds over 671,000 BTC, funded by $15 billion+ in debt and stock dilution, making it a highly leveraged Bitcoin bet. Its stock trades below the value of its Bitcoin holdings, reflecting ...
On CNBC's “Mad Money Lightning Round,” on Thursday, Jim Cramer said The Bank of Nova Scotia (NYSE: BNS) is a “very good” company. Supporting his view, Bank of Nova Scotia posted better-than-expected ...
Dec 2 (Reuters) - Leveraged exchange‑traded funds (ETFs) linked to bitcoin hoarder Strategy (MSTR.O), opens new tab are among the biggest casualties of this year's crypto slump, as falling bitcoin ...
Facing questions from critics about its ability to fund dividends on its various classes of preferred stock, Strategy (MSTR) and its Executive Chairman Michael Saylor early Monday announced the ...
Despite a steep drop in its share price, Strategy’s Bitcoin stack is in the green and it continues to outperform top tech equities over time. Bitcoin investor Strategy is facing a rough stretch this ...
MicroStrategy might be removed by MSCI from major indices due to its Bitcoin-heavy balance sheet. JPMorgan warns of $2.8B-$8.8B in potential fund outflows, if MicroStrategy is removed from the indices ...
MicroStrategy is battling fresh Bitcoin rumors and a sinking share price even as Michael Saylor doubles down on buying. As false claims of a $1 billion BTC sale spread and MSTR slides toward long-term ...
If it were a boxing match, Jim Chanos would have won by a knockout. Jules Rimmer is a markets reporter in London.Rimmer spent more than 30 years as a trader and stockbroker in financial markets, ...
MicroStrategy Incorporated (NASDAQ:MSTR) is one of the best stocks to buy with over 50% upside potential. On October 31, Maxim Group analyst Matthew Galinko reiterated a Buy rating on MicroStrategy ...
Michael Saylor’s Bitcoin strategy is paying off. According to data shared by the MicroStrategy (NASDAQ: MSTR) executive chairman, the company’s stock has delivered an 85% annualized return during what ...