Either MicroStrategy’s Michael Saylor is a visionary, or he’s a delusional egomaniac,” Forbes observed in 1998, during the company’s first incarnation as a Wall Street highflyer.
Why Michael Saylor’s MicroStrategy is a brilliant blueprint for manipulating traditional finance to harness the pixie dust of crypto mania.
MicroStrategy’s stock is set to snap the longest losing streak it’s seen in a year after adding another bullish analyst on bitcoin to its camp.
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). MicroStrategy (MSTR) brought its bitcoin holdings to 471,107 following another week of accumulating tokens. Alongside,
Mizuho Securities started coverage on MicroStrategy ( NASDAQ: MSTR) with an Outperform rating on Wednesday, as analyst Dan Dolev believes the company will continue to buy more bitcoin ( BTC-USD ), the price of which he expects will keep climbing over time.
MicroStrategy’s relentless Bitcoin buying spree continues, adding 10,100 BTC for $1.1 billion. With 471,100 BTC now in its treasury, valued at $46 billion, the firm reinforces its commitment to a Bitcoin-centric strategy amid market volatility.
The US Federal Reserve is broadly expected to leave its key rate unchanged as it announces its policy decision on Wednesday, January 29th.
MicroStrategy Inc. bought Bitcoin for a 12th consecutive week and unveiled details for the sale of perpetual preferred stock to help finance additional purchases of the cryptocurrency.
Dan Dolev, an analyst from Mizuho Securities, has initiated a new Buy rating on Microstrategy (MSTR).Invest with Confidence: Follow TipRanks'
DeepSeek spooked US markets on news that the model’s developers were able to produce a worthy competitor to American AI firms like OpenAI at a fraction of the cost. The firm claims it was able to develop its AI model on a shoestring budget of just under $6 million using less advanced hardware from semiconductor manufacturer Nvidia.
Tesla has reported a $600 million boost in its latest quarterly results, thanks to a recent change in accounting rules for digital assets.