MicroStrategy


Markets

MicroStrategy Remains One of the Best Ways to Gain Exposure to Bitcoin Given Its Intelligent Leverage Strategy: Canaccord

The broker raised its price target for the software company to $300 from $173 while maintaining its buy rating.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

Finance

Michael Saylor Conjures Stock Market Magic With Giant Plan to Buy More Bitcoin

Normally, a $21 billion equity offering by a company only worth just over double that amount would tank the issuer's stock price. But the economics around corporate America's biggest bitcoin bull are different.

MicroStrategy Executive Chairman Michael Saylor (Credit: CoinDesk/Danny Nelson)

Videos

MicroStrategy Plans to Raise $42B to Buy More BTC; Robinhood, Coinbase Shares Fall After Earnings

MicroStrategy announced its plan to raise $42 billion of capital over the next three years in order to purchase more bitcoin. Plus, Robinhood and Coinbase's shares fall after Q3 earnings reports. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

Recent Videos

Finance

Michael Saylor's MicroStrategy Plans to Raise $42B to Buy More Bitcoin Over Next 3 Years

The company reported its third quarter earnings results after the close of trading on Wednesday afternoon.

MicroStrategy Executive Chairman Michael Saylor (Credit: CoinDesk/Danny Nelson)

Markets

Degens Are Searching for Further Leverage on MicroStrategy and Winning Massively

The T-REX 2X long MSTR Daily Target ETF (MSTU) has rallied 235% since its introduction six weeks ago, an annualized equivalent return of 57,000%, according to Bloomberg analysis.

Michael Saylor at Bitcoin 2024 in Nashville, Tennessee

Markets

Crypto Stocks MicroStrategy, Coinbase and Marathon Post Just Modest Gains as Bitcoin Eyes Record High

A notable outperformer was bitcoin miner Bitfarms, which nominated a new board member amid its proxy battle with Riot Platforms.

Bitcoin price 10/29(CoinDesk)

Videos

Tether Denies U.S. Probe; MicroStrategy Premium is 'Unsustainable': Report

Tether CEO Paolo Ardoino denied a report claiming the stablecoin issuer is under a probe by U.S. federal investigators. Plus, MicroStrategy's almost 300% premium to its bitcoin holdings is unsustainable, according to a Steno Research report. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

Recent Videos

Markets

MicroStrategy Touches New Highs as Trading Volume Relative to Nvidia Surges

MicroStrategy is up over 240% year-to-date with the NAV premium approaching 3.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Videos

BlackRock Buys More MicroStrategy Shares; Citi Debanked Ripple's Brad Garlinghouse

Bitcoin is back above $67,000 as the Fed latest Beige Book survey of economic conditions hinted at further rate reductions in the coming months. Plus, BlackRock buys more MicroStrategy shares and Ripple CEO Brad Garlinghouse shares how he was debanked by Citigroup. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

Recent Videos

Markets

MicroStrategy's 'Nav Premium' Shouldn't be Feared, Says Benchmark, Raising Price Target to $245

The company's use of "intelligent leverage" differentiates its stock from other means of gaining exposure to bitcoin, argued analyst Mark Palmer.

Michael Saylor at Bitcoin 2024 in Nashville, Tennessee