Crypto equities are experiencing a rebound after Donald Trump’s announcement of a U.S. crypto strategic reserve. As the U.S. Market prepares to open, Bitcoin’s price is holding strong above $92,000, having recovered from a recent low of $78,000. This surge has positively impacted crypto-related stocks, with Strategy (MSTR) rising by 12% after previously falling 50% ...
Despite recent sharp declines in Bitcoin prices, MicroStrategy (MSTR) has been on a downward trend for over three months, trading around $250, significantly down from its peak of $543 in November. Investors in leveraged MSTR products have faced even harsher losses, with some ETFs falling up to 90%. However, MicroStrategy’s Bitcoin acquisitions, initiated in August ...
Shares of MicroStrategy (MSTR) fell 6% in pre-Market trading after the company announced the issuance of 7.3 million shares of preferred stock at $80 each. This move aims to raise about $563.4 million to buy more Bitcoin and cover operating costs, part of their plan to increase Bitcoin holdings significantly over the coming years. The ...
Shares of MicroStrategy (MSTR) fell by 6% during pre-Market trading after the company announced it would issue 7.3 million shares of preferred stock at $80 each to raise approximately $563.4 million. This funding will help MicroStrategy expand its Bitcoin holdings as part of its “21/21” plan, aiming to raise $42 billion over three years. The ...
