We recently compiled a list of the Top 10 AI Stocks to Watch Ahead of Potential Market Correction. In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against the other AI stocks.
The total value of all cryptocurrencies in circulation currently stands at $3.5 trillion, which is near a record high. Bitcoin ( BTC 1.17%) accounts for more than half of that value, thanks to its market capitalization of almost $2 trillion.
While MicroStrategy's legacy software operations remain intact, its financial core has shifted decisively toward Bitcoin.
BlackRock is tired of being lumped in with MicroStrategy when it comes to Bitcoin. The asset management titan wants the world to know it’s playing a different game.
We recently compiled a list of the Why These 10 Stocks Were Skyrocketing on Friday. In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against the
MicroStrategy expands its fundraising strategy with a $2B perpetual preferred stock offering while continuing aggressive bitcoin acquisitions
Explore the exciting world of MicroStrategy (NASDAQ: MSTR) with our expert analysts in this Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
As the world’s largest corporate Bitcoin holder, MicroStrategy now owns roughly 450,000 BTC, valued at around $40.8 billion at current market prices. The firm has spent about $28 billion on its Bitcoin holdings at an average price of $62,691.
MicroStrategy adds 2,530 BTC worth $243M, continuing its aggressive Bitcoin acquisition strategy with over 450,000 BTC in reserves.
MicroStrategy Inc. bought $101 million of Bitcoin after announcing that it would use perpetual preferred stock as well as common shares and debt to acquire more of the cryptocurrency.
Editor’s note: the story has been corrected to accurately reflect that Wintermute is a market maker, not a hedge fund. Crypto market maker Wintermute predicts a potential Dogecoin (CRYPTO: DOGE) ETF launch in 2025 alongside other potentially revolutionary developments like the establishment of a strategic Bitcoin reserve in the United States.
If bitcoin goes to the moon, a niche group of convertible-bond investors will win out. If the crypto tanks, they can ask for their money back early.