MicroStrategy (MSTR) stock was on another wild ride early Thursday, rising as much as 11% before forfeiting a chunk of those gains after short seller Citron Research said it had taken a new bet against the stock, which has gained over 600% this year. MicroStrategy stock has soared more than 80% since crypto-friendly President-elect Donald…
Photo: DIMITRIS KAPANTAIS (Getty Images) It is generally expected that Trump will favor policies that would benefit American oil companies. Non-renewable energy stocks, which provide services to the oil and energy industry, performed well after his victory. EQT (EQT), a natural gas producer that engages in hydrocarbon exploration and pipeline transport, has surged since Trump’s…
If Donald Trump wins next week’s election and returns to the Oval Office in January, it will have direct consequences for U.S. business and the economy—and by extension for individual Americans’ stock portfolio. This means it’s a good time for investors to assess their holdings and to consider what sectors might thrive or suffer under…
The largest corporate holder of Bitcoin (BTC) just announced a new $42 billion plan to accumulate more of the flagship digital asset. In a new press release, MicroStrategy President and chief executive Phong Le says the company’s “21/21 Plan” aims to raise $21 billion in equity and $21 billion in fixed income securities over the…
“If stock price is the true test for any business model, then in our view MSTR is hard to beat,” analysts led by Joseph Vafi wrote, noting that since the firm adopted its bitcoin acquisition strategy in 2020 it has significantly outperformed both equities and the world’s largest cryptocurrency. Source link
In This Story This week promises to be exceptionally busy, with a blend of financial updates and festive celebrations. Investors are bracing for a flurry of major earnings reports, providing a crucial snapshot of how various sectors are navigating the current economic landscape. McDonald’s is facing its first lawsuit from the Quarter Pounder E. coli…
MicroStrategy Pushes Higher As BlackRock Buys In, But Peter Schiff Sees A Crash Ahead Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. MicroStrategy Inc. (NASDAQ:MSTR) continues its upward sprint, reaching a 52-week high of $236.29 during Thursday trading, with investors rallying behind the stock. The stock’s…
While the broader stock market was sent tumbling on Monday, MicroStrategy soared 6% and continued to make gains into Tuesday morning. The share price of the largest public corporate holder of Bitcoin hit $190 for the first time since March, marking a six-month high. MicroStrategy stock extended gains on Tuesday nearing $200. The Virginia-based firm…