MSTR

Heavily shorted crypto stocks like MicroStrategy could be poised to shoot up. (Mediamodifier/Pixabay)

They are "very squeezable" due to short sellers' large positions, according to a report by data analytics firm S3 Partners.

By Aoyon Ashraf

Mar 27, 2024 at 7:17 p.m. UTC

Mar 27, 2024

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Finance

Microstrategy

Michael Saylor's MicroStrategy Raising Another $500M to Buy More Bitcoin

The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.

By Stephen Alpher

Mar 13, 2024 at 9:00 p.m. UTC

Mar 13, 2024

MicroStrategyMichael SaylorMSTRBitcoin

MicroStrategy Chairman Michael Saylor (Getty Images)

Finance

Mstr

MicroStrategy ‘Not Resting on Its Laurels’ as Bitcoin Hits All-Time High: Canaccord

The investment bank almost doubled its price target on the stock to $1,810 from $975, highest among Wall Street analysts.

By Will Canny

Mar 12, 2024 at 3:42 p.m. UTC

Mar 12, 2024

MSTRMicroStrategyCanaccord GenuityAnalysts

MicroStrategy Executive Chairman Michael Saylor (Getty Images)

Finance

Mstr

Michael Saylor's MicroStrategy Purchased an Additional 3K BTC, Now Holds $10B Worth

The company now has about a $3.8 billion in unrealized profit on its bitcoin stash.

By Oliver Knight

Feb 26, 2024 at 1:37 p.m. UTC

Feb 26, 2024

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Finance

Microstrategy

Michael Saylor Not Interested in Selling: ‘Bitcoin Is the Exit Strategy'

MicroStrategy is up billions on its bitcoin bet, but Executive Chairman Michael Saylor told Bloomberg TV there’s no reason to sell the cryptocurrency.

By Helene Braun

Feb 20, 2024 at 9:30 p.m. UTC

Feb 20, 2024

MicroStrategyMSTRMichael SaylorBitcoin

Finance

Microstrategy

Michael Saylor’s MicroStrategy Bitcoin Bet Tops $4B in Profit

The company was the owner of 190,000 bitcoins as of the end of January.

By Lyllah Ledesma

Feb 15, 2024 at 3:50 p.m. UTC

Feb 15, 2024

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Stock exchange, win, boom (geralt/Pixabay)

Markets

Microstrategy

Stock of Bitcoin's Biggest Public Holder Is Overvalued by 26%, Analyst Who Predicted BTC Rally Says

Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.

By Omkar Godbole

Dec 28, 2023 at 6:59 a.m. UTC

Dec 28, 2023

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Markets

Microstrategy

Michael Saylor's Bitcoin Bet Profit Tops $2B

MicroStrategy held nearly 175,000 bitcoins in its treasury as of the end of November.

By Lyllah Ledesma

Dec 4, 2023 at 5:11 p.m. UTC

Dec 4, 2023

MicroStrategyMSTRSaylorBitcoin

Ether Surges on BlackRock’s ETF Plans; A Milestone for Michael Saylor’s Massive Bitcoin Bet

Video

Celsius

Ether Surges on BlackRock’s ETF Plans; A Milestone for Michael Saylor’s Massive Bitcoin Bet

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the price action for bitcoin (BTC) and ether (ETH) after a Nasdaq filing confi...

By CoinDesk Staff

Nov 10, 2023 at 4:54 p.m. UTC

Nov 10, 2023