MicroStrategy was born a software company, but at this point it's best known for its massive bitcoin holdings — and it may be changing its name to reflect as much.
In a little less than three months, MicroStrategy has spent nearly half of its three-year, $42 billion capital plan to buy bitcoin.
Compass Point restated its positive stance on MicroStrategy (NASDAQ:MSTR), with the firm's analyst Ed Engel reaffirming a Buy rating and a $550.00 price target for the company's shares. The stock, currently trading at $17.
MicroStrategy (NASDAQ: MSTR) has been one of the most unlikely winners in the software sector in recent years. The company has evolved from an enterprise analytics software company to primarily a Bitcoin (CRYPTO: BTC) treasury company,
MicroStrategy’s unique Bitcoin strategy offers massive long-term potential but comes with extreme volatility, making it speculative and risky for most investors. Read more here.
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MicroStrategy's levered Bitcoin strategy has yielded positive returns but carries high risk due to Bitcoin's volatility; See why I rate it a Buy.
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Cramer said that bitcoin was likely topping out and called for an exit. The asset has surged more than 100% since.
U.S. stocks recovered some ground Tuesday morning after getting hammered by fears over China's DeepSeek AI model built on a shoestring budget.