Microstrategy’s $43 billion bitcoin bet propels it into the Nasdaq-100, fueling bullish momentum as institutional investors are expected to prepare for major crypto-driven gains. Nasdaq
Read more
Microstrategy Stock Soars as Bitcoin Outshines Real Estate, Gold, Bonds
Microstrategy’s bitcoin-focused strategy has ignited a staggering 500% stock surge, with projections of bitcoin hitting $13 million, solidifying its dominance in high-stakes investing. 500% Stock
Read moreRiot Platforms buys more than $500M in Bitcoin
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value.
Read moreMicroStrategy expected to crack Nasdaq 100 — Bloomberg Intelligence
Bloomberg Intelligence expects MicroStrategy’s stock, MSTR, to join the Nasdaq 100 index later in December, with an announcement to come as soon as this week.
Read moreJPMorgan raises price targets on Bitcoin mining stocks
The increases partly reflect a “HODL premium” akin to MicroStrategy’s, the analysts said.
Read moreMicrosoft shareholders vote ‘no’ on Bitcoin reserve
The company’s board opposed the resolution, citing Bitcoin’s purported volatility as a negative factor.
Read more