Why Shares of MicroStrategy Plummeted Today

02:57pm, Monday, 21'st Jun 2021
Investors are responding to China's increased scrutiny of cryptocurrencies.
MicroStrategy Incorporated (NASDAQ: MSTR) opened more than 8% down on Monday as China ordered a freeze on crypto mining. According to Global Times, over 90% of the country's Bitcoin mining capacity is
The enterprise software company said Monday the average purchase price of its 105,085 bitcoin trove is $26,080 apiece, including fees and other expenses.
MicroStrategy Inc. said Monday it spent about $489 million in cash to buy an additional 13,005 bitcoins for an average price of about $37,617 per bitcoin, including fees. The purchase comes on a day t

Grayscale Bitcoin Trust: Welcome To The Bear

12:04pm, Friday, 18'th Jun 2021
Grayscale Bitcoin Trust: Welcome To The Bear
While Elon Musk dominates the headlines, a quiet change is happening beneath the surface for Bitcoin.
Inflation fears are mounting. But that's exactly why buying altcoins is like investing in big software companies before they took off.
Despite the recent bearish sentiment, Bitcoin looks promising and could rebound over the long term.
What Happened: Shares of business intelligence firm MicroStrategy Incorporated (NASDAQ:MSTR) surged over 15% on Monday after the company said it would sell $1 billion worth of its shares over time. A
MicroStrategy CEO Michael Saylor told CNBC on Tuesday that bitcoin is not the only cryptocurrency that can thrive.
Jonathan Golub, Credit Suisse chief U.S. equity strategist, on getting ready for tomorrow's Fed meeting. With CNBC's Courtney Reagan and the Fast Money traders, Guy Adami, Dan Nathan, Tim Seymour and
Shares of MicroStrategy (MSTR) rises 16% as it announced the completion of its offering of senior secured notes worth $500 million. The net proceeds will be utilized for purchase of bitcoin.
MicroStrategy (MSTR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near ter
Bitcoin has been volatile lately, seesawing up and down in violent fashion. Can it find its footing or do we need one more flush lower?
The stock price of MicroStrategy Incorporated (NASDAQ: MSTR) increased by over 15% during intraday trading. This is why it happened.
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