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3232Shorters Pile in on MSTR: Citron Research Warns Microstrategy’s Bull Run Could Burst
https://www.digit.info/shorters-pile-in-on-mstr-citron-research-warns-microstrategys-bull-run-could-burst/
Fri, 22 Nov 2024 17:41:41 +0000https://www.digit.info/shorters-pile-in-on-mstr-citron-research-warns-microstrategys-bull-run-could-burst/Read more]]>Microstrategy shares have jumped 171% in just six months, drawing both admiration and skepticism. While MSTR stock trades at a premium, critics and short-sellers argue the company is deep in bubble territory. MSTR Rally Sparks Skepticism, Renowned Shorter Say Stock Is ‘Overheated’ Bitcoin’s meteoric rise has turned out to be a windfall for Microstrategy (Nasdaq: […]
]]>Michael Saylor’s ‘No Second Best’ Holds Strong as BTC Outpaces Hypothetical ETH Investment
https://www.digit.info/michael-saylors-no-second-best-holds-strong-as-btc-outpaces-hypothetical-eth-investment/
Sat, 16 Nov 2024 14:30:19 +0000https://www.digit.info/michael-saylors-no-second-best-holds-strong-as-btc-outpaces-hypothetical-eth-investment/Read more]]>Based on blockchaincenter.net’s “there is no second best” index—drawing from Michael Saylor’s well-known remark—Microstrategy’s strategy of purchasing bitcoin outshines what the company would have gained if it had opted for ethereum instead. Microstrategy’s Bitcoin Holdings Deliver, Leaving Ethereum Alternatives Behind Over the past month, bitcoin has held its own, but ethereum (ETH), the second-largest cryptocurrency […]
]]>While Bitcoin Hits New Lows Gold Bug Peter Schiff Blasts the Top Crypto and Supporters
https://www.digit.info/while-bitcoin-hits-new-lows-gold-bug-peter-schiff-blasts-the-top-crypto-and-supporters/
Wed, 23 Jun 2021 10:00:53 +0000https://www.digit.info/2021/06/23/while-bitcoin-hits-new-lows-gold-bug-peter-schiff-blasts-the-top-crypto-and-supporters/Read more]]>The American economist, financial commentator, and gold bug Peter Schiff had a lot to say about bitcoin’s price sliding on Tuesday. Schiff has always claimed bitcoin’s value will one day drop to nothing. This week he insists bitcoin’s chart shows a head and shoulders top pattern with a “neckline around $30K the pattern measures a […]
]]>Microstrategy Buys $489M Worth of Bitcoin — Company Now Holds More Than 100,000 BTC
https://www.digit.info/microstrategy-buys-489m-worth-of-bitcoin-company-now-holds-more-than-100000-btc/
Mon, 21 Jun 2021 15:30:26 +0000https://www.digit.info/2021/06/21/microstrategy-buys-489m-worth-of-bitcoin-company-now-holds-more-than-100000-btc/Read more]]>The independent, publicly-traded business intelligence company Microstrategy announced the acquisition of 13,005 bitcoin on Monday, at a purchase price of approximately $489 million in cash. The company’s CEO Michael Saylor revealed the latest purchase on Twitter, and the firm now has more than 100,000 bitcoins on its balance sheet. Microstrategy Now Holds 105,085 Bitcoin Michael […]
]]>The Multi-Billion Dollar Cache: Microstrategy Purchases $15M Worth of Bitcoin, Firm’s Stash Jumps to 91,579 BTC
https://www.digit.info/the-multi-billion-dollar-cache-microstrategy-purchases-15m-worth-of-bitcoin-firms-stash-jumps-to-91579-btc/
Mon, 05 Apr 2021 16:30:24 +0000https://www.digit.info/2021/04/05/the-multi-billion-dollar-cache-microstrategy-purchases-15m-worth-of-bitcoin-firms-stash-jumps-to-91579-btc/Read more]]>The publicly listed firm Microstrategy purchased more bitcoin according to a tweet from the company’s chief executive officer Michael Saylor and a recent Securities and Exchange Commission (SEC) filing. The firm spent $15 million in cash and now holds 91,579 bitcoin in the company’s reserves. Business Intelligence Firm Microstrategy Continues to Stack Bitcoin Month after […]