The Bitcoin stacking firm has bought Bitcoin 42 times at a dollar cost average of $39,292, according to Bitcoin Treasuries data.
Read moreMicroStrategy’s $42B Bitcoin bet is bullish for shareholders — Analyst
One analyst raised his price target from $245 to $300 per share on news of MicroStrategy’s bold Bitcoin buying plans.
Read moreMicroStrategy overtakes Microsoft in all-time stock gains as Bitcoin bet pays off
MicroStrategy is up over 1,500% since 1999 compared to Microsoft’s 1,460% gains during the same 25-year period.
Read moreMicroStrategy set for gains; ‘don’t fear the premium,' analyst says
Benchmark analyst Mark Palmer has raised his price target for MSTR stock to $245 per share from $215.
Read moreMicroStrategy shares soar 1,540% since 2020, outperforming S&P 500
MicroStrategy is up over 1,500% since 2020, while the S&P 500 index rose just over 111% during the same four-year period.
Read more
Analysts Link Bitcoin Rally to Trump’s Election Odds – Microstrategy Gains Set Stage for a Breakout
Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to
Read more