Is There An End To MicroStrategy’s (MSTR) Bitcoin Madness?
MicroStrategy continues to grow its Bitcoin holdings. Just last week, the company purchased another 2,138 bitcoins, taking its total to an astonishing 446,400 coins. At today’s Bitcoin prices, this translates into a staggering value of 41.
MSTR Pulls Back 30% in December – Is MicroStrategy’s Bitcoin Strategy at Risk?
MicroStrategy’s Bitcoin bet grows, but MSTR slides 30% from highs. Traders eye further downside as stock diverges from BTC’s late-2024 rally.
MicroStrategy Buys Bitcoin Again, Stock Falls
MicroStrategy bought about $209 million of bitcoin in the past week, making it eight weeks in a row that the company has acquired more of the digital currency.
MicroStrategy Extends Bitcoin Buying Streak to 8 Weeks, but MSTR Cools Off
MicroStrategy added more Bitcoins to its holdings. The company’s Bitcoin investment yielded substantial returns in 2024 despite a late-year stock dip. MSTR joined the Nasdaq-100,
MicroStrategy Buys $209 Million of Bitcoin as Purchases Lessen
MicroStrategy Inc. said it bought $209 million of Bitcoin, marking the eighth consecutive week of purchases for the dot-com-era software maker turned leveraged proxy for the original cryptocurrency.
MicroStrategy Buys a Further 2,138 BTC, Adding to Stash for 8th Consecutive Week
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR)MicroStrategy, the self-described bitcoin (BTC) development
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George Soros called it Reflexivity, but most know it as a virtuous circle, and MicroStrategy's at the moment has been broken.
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