MicroStrategy Inc’s shares are experiencing a decline, falling 12.6% amid a broader Market downturn, with the S&P 500 and Nasdaq also dropping significantly. The company, now named Strategy, has announced plans to raise up to $21 billion through preferred stock to finance further Bitcoin acquisitions, despite the cryptocurrency’s ongoing decline. Currently, MicroStrategy holds nearly 500,000 ...
MicroStrategy Inc shares, trading under the ticker MSTR, saw a significant drop of 12.6% amid a general decline in the stock Market, with the S&P 500 down 2% and the Nasdaq down 3.5%. The company announced plans to raise up to $21 billion through perpetual strike preferred stock to further invest in Bitcoin, which has ...
MicroStrategy’s stock has taken a significant hit, plummeting below $300, down 46% from its peak of $543 last November. The company closed at $302.96 and fell further to $293.59 in after-hours trading. This decline follows their announcement of plans to increase stock shares, raising investor concerns about their aggressive Bitcoin buying strategy. While MicroStrategy has ...
MicroStrategy’s shares surged 58% in November, driven by Bitcoin’s rising prices and Donald Trump’s electoral win. However, after a 20% pullback, the stock is still up an impressive 502% in 2024. The company continues to focus on Bitcoin, recently announcing a plan to raise $21 billion for further purchases. Despite this optimism, investor Hataf Capital ...
