While MicroStrategy's legacy software operations remain intact, its financial core has shifted decisively toward Bitcoin.
We recently compiled a list of the Why These 10 Stocks Were Skyrocketing on Friday. In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against the other stocks that were skyrocketing on Friday.
MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.
Michael Saylor has a plan to boost MicroStrategy’s authorized Class A shares to 10.3 billion, far above its current 330 million. It puts it in the same league as Wall Street tech giants like Amazon and Alphabet.
We recently published a list of 11 Stocks That Will Go to the Moon According to Reddit. In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against other stocks that will go to the moon according to Reddit.
Benchmark maintains its buy rating on MSTR with a price target of $650. As of Monday, MicroStrategy purchased a further 2,530 BTC taking total holdings to 450,000 BTC.
Software firm MicroStrategy and its co-founder Michael Saylor have become synonymous with Bitcoin. Here’s everything you need to know.
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MicroStrategy has proposed amendments to increase authorized common shares to 10.33 billion and preferred stock to over 1 billion.
MicroStrategy shares have surged due to its unique strategy of leveraging Bitcoin and issuing debt and equity. Read my MSTR stock analysis.
The latest bitcoin purchase was funded through share sales under the company's at-the-market (ATM) program. MicroStrategy announced it would be raising up to $2 billion via a preferred stock offering to acquire more bitcoin.
If bitcoin goes to the moon, a niche group of convertible-bond investors will win out. If the crypto tanks, they can ask for their money back early.