MicroStrategy stock at $348.31 is slightly above the eight-day simple moving average of $343.63, indicating short-term bullish momentum. However, trading below the 20-day and 50-day simple moving ...
As well, short interest data for the stock as of Dec. 13, released after Tuesday's close, fell to the lowest level in 3 years, after the original meme craze died down. MicroStrategy stock was down ...
MicroStrategy announced the pricing for a Preferred stock offering on Friday and it is very interesting what it has to pay for this round of raising money to buy more bitcoin. On November 21 last ...
(Bloomberg) -- MicroStrategy Inc. bought $101 million of Bitcoin after announcing that it would use perpetual preferred stock as well as common shares and debt to acquire more of the cryptocurrency.
Short-seller Andrew Left attacked the stock in November with similar logic, and that argument seems valid. And it is much easier to buy Bitcoin than it was when MicroStrategy began buying it ...
Experts are divided in their short and medium-term assessments of MicroStrategy’s prospects. Khan expects short-term gains due to the “bullish” crypto market, but he fears a medium-term ...
Hedge funds have been driving some of the demand as they seek out MicroStrategy for convertible arbitrage strategies by buying the bonds and selling the shares short, essentially betting on the ...
Major investment firm Citron Research explained at the time that the company decided to short MicroStrategy while going long on Bitcoin: “With Bitcoin investing easier than ever ...
making them suitable for short-term traders rather than long-term investors. MSTX provides 2x leveraged exposure to MicroStrategy, amplifying both potential gains and losses, with a 1.29% expense ...
MicroStrategy Inc. continues to build up its bitcoin holdings — at the expense of its shareholders. The software company MSTR and de facto bitcoin play said Monday that between Dec. 2 and Dec. 8 ...