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.

Michael Saylor explains that MicroStrategy's MSTR stock adds value to Bitcoin just as oil companies gain value by refining oil to gasoline.

The architect of the company’s audacious Bitcoin-hoarding strategy explains why he calls the crypto “a flow of money from the 20th century to the 21st century.”

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.

MicroStrategy investors are reacting favorably to the company’s latest aggressive Bitcoin purchase, which was nearly double the size of its convertible bond deal. The company ac

Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.

KEY TAKEAWAYS Shares in MicroStrategy, the largest corporate holder of Bitcoin, fell Monday after the software company said it had bought $5.4 billion of the cryptocurrency.MicroStrategy ramped up acquisitions of the token this year—especially following Donald Trump’s November 5 election victory—as investors bet on a crypto-friendly administration