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.
Bernstein raised its price target for MSTR stock to $600 from $290 as MicroStrategy buys another 55.5K BTC for $5.4 billion.
Back in 2020, MicroStrategy CEO Michael Saylor made a bold move by taking the company's balance sheet and buying Bitcoin. The bet has paid off handsomely, with the company selling new shares of common ...
MicroStrategy shares traded lower Thursday, after a blistering runup for Michael Saylor's crypto-buying software company. The ...
MicroStrategy Inc shares tumbled after Andrew Left’s Citron Research said in a post on X that it’s betting against the ...
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 ...
MicroStrategy stock tumbles from early highs as Citron Research announces short position, despite 582% YTD gains and recent ...
MicroStrategy (NASDAQ: MSTR) has been public since the late 1990s. However, the company's aggressive foray into Bitcoin has ...
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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