MicroStrategy

Shiba Inu (CRYPTO: SHIB) on Monday experienced an astronomical rise, surpassing the market capitalizations of several technology companies such as Zoom, Snap, eBay, and MicroStrategy.  What Happened: With a 90% surge within a 24-hour period, SHIB’s market cap hit $26.71 billion on March...

On the inaugural trading day of the week, U.S. stock indices closed lower, with the Dow Jones Industrial Average dipping by 0.25% to 38,989.33, the S&P 500 slipping 0.1% to 5,130.95, and the Nasdaq, primarily composed of tech stocks, finishing Monday’s session down 0.4% at 16,207.51....

Bill Miller IV, the chief investment officer at Miller Value Partners, sees Bitcoin (CRYPTO: BTC) run to levels not seen since its last all-time high as the "very, very early innings of a massive capital repricing event." What Happened: Miller said as much in a recent ...

Dogecoin (CRYPTO: DOGE) saw a 30% surge in the last 24 hours, trading at $0.13. This surge positioned it as the top performer among the top 100 cryptocurrencies, with its price soaring to the highest level since November 2022. What Happened: Currently ranked as the 10th largest cryptocurrency,...

Michael Saylor, CEO of MicroStrategy Inc. (NASDAQ:MSTR), posted a message on X, formerly Twitter, on Wednesday, encouraging Bitcoin (CRYPTO: BTC) holders to “Stay Humble. Stack Sats.” What Happened: In the brief tweet, Saylor seemed to advocate for the accumulation of Bitcoin, often...

MicroStrategy Inc., led by Chairman Michael Saylor, has been buying more Bitcoin since 2020. Most recently, it bought an additional 3,000 Bitcoin for $155.4 million in February.  Accumulating Bitcoin has proven to be a successful investment strategy, allowing the company to see nearly $5...

Benchmark, an investment banking firm, said it has begun covering MicroStrategy Inc (NASDAQ:MSTR) as per a Tuesday research report. What Happened: The research revealed that Benchmark had set a ‘buy’ recommendation for MicroStrategy’s shares, assigning a price target of $990. ...

The official social media account of business intelligence company MicroStrategy Inc (NASDAQ:MSTR) was allegedly compromised on Sunday, with scammers promoting a fraudulent airdrop of an Ethereum (CRYPTO: ETH)-based token named MSTR.  What Happened; Users who clicked on the provided links...

MicroStrategy Inc (NASDAQ:MSTR), the largest corporate holder of Bitcoin (CRYPTO: BTC), could potentially make a major impact on the standard way of investing if it joins the S&P 500 index, as some in the cryptocurrency industry suggest.  What Happened: Joe Burnett, a cryptocurrency...

Mike Novogratz, a billionaire investor and CEO of Galaxy Digital, on Tuesday highlighted a surge in U.S. debt as a significant reason to trust in Bitcoin’s (CRYPTO: BTC) future.  What Happened: Novogratz on X emphasized America’s hefty daily interest bill on a national debt exceeding $...

Stocks that offer investors exposure to Bitcoin (CRYPTO: BTC) have experienced a downturn following the apex cryptocurrency’s price drop to levels below $41,000, despite initial enthusiasm surrounding the introduction of spot crypto exchange-traded funds (ETFs) in the United States. Companies...

CNBC television host Jim Cramer has taken to X with a somber outlook on Bitcoin (CRYPTO: BTC), marking his second commentary on the cryptocurrency within 24 hours.  What Happened: Cramer, known for his bearish Bitcoin sentiment, posted on Monday signaling discomfort with the apex cryptocurrency...

Today’s stock market saw a positive trend with the Nasdaq Composite ending Wednesday higher by 112 points. The Dow Jones Industrial Average rose by 0.45% to 37,695.73, while the NASDAQ rose 0.75% to 14,969.65. The S&P 500 followed suit, gaining 0.57% to 4,783.45. This overall market...

The software technology firm MicroStrategy Inc (NASDAQ:MSTR) has recorded over $840 million in unrealized gains from Bitcoin (CRYPTO: BTC) investment in 2024, with a significant chunk of these gains resulting from a single day’s trading. What Happened: As per a report by Cointelegraph on...

MicroStrategy Inc (NASDAQ:MSTR), on Wednesday, increased its Bitcoin (CRYPTO: BTC) reserves. The business intelligence company invested $615.7 million to acquire an additional 14,620 BTC. Executive Chairman Michael Saylor said on X that the purchase price for this batch of Bitcoin averaged $42,110...