MicroStrategy (NASDAQ:MSTR) stock is on the move Friday after analysts at BTIG boosted their price target for the software and Bitcoin (BTC-USD) holding company’s shares.BTIG analyst Andrew Harte increased the firm’s price target for MSTR stock from $780 per share to $1,800 per share. That’s a potential upside of 11.4% compared to its prior closing price. It’s also incredibly bullish next to the analysts’ consensus price prediction of $1,074 per share.Harte also reiterates the “buy” rating that BTIG has for ...

Shares of MicroStrategy stock (MSTR -11.18%) were rising yet again this week. The company that has staked its entire future on Bitcoin rose 11.9% this week, according to data from S&P Global Market Intelligence. With Bitcoin getting close to an all-time high, investors are making bets that the future of MicroStrategy is bright. The stock is up 500% in the past year.Here's why MicroStrategy's stock was up yet again this week.Using debt to buy BitcoinMicroStrategy pivoted in the last few years from a niche so ...

With the recent news that the fast-casual restaurant chain Chipotle Mexican Grill plans a 50-for-1 stock split, many investors might wonder which publicly traded company could be next.MicroStrategy (MSTR 2.25%), an enterprise software company that shifted its focus to buying and holding Bitcoin (BTC 0.97%) in 2020, could benefit from a split since its stock is trading close to $1,900 per share. Let's explore why a company might split its stock and whether MicroStrategy might entertain such a move.What's a s ...

MicroStrategy (NASDAQ:MSTR) stock is in the news Wednesday after TD Cowen cut its price target for the data analytics company’s shares.TD Cowen analysts reduced their price target for MSTR stock from $1,560 per share to $1,450 per share. This represents a potential 2.3% upside from the stock’s prior closing price. It’s also still above the analysts’ consensus price prediction of $1,150.60 per share.Investors will note that this price target reduction comes incredibly soon after TD Cowen analysts bumped the ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

MicroStrategy (NASDAQ:MSTR) stock is in the news Tuesday after the artificial intelligence (AI)-powered data analytics company revealed it bought more Bitcoin (BTC-USD).This saw MicoStrategy add another 9,245 tokens of BTC to its holdings. The company now holds roughly 214,246 BTC with a current value of about $13.5 billion. It has spent $7.53 billion on Bitcoin to date with the average price paid sitting at $35,160 per token.MicroStrategy bought these new tokens for $623 million, which comes to about $67,4 ...

As Bitcoin (BTC), the world’s largest cryptocurrency, continues its fluctuation after recently pulling back to the $63,000 mark. In response, MicroStrategy (NASDAQ: MSTR) stock saw a significant drop of over -13% since the markets opened on March 19.The losses extended to as much as -20% from when options traders opted to sell off MSTR stock, effectively shorting it via weekly put orders. This move coincided with a bet against the stock’s performance, driven by the declining price of BTC, as over $230 billi ...

It's a truism on the stock market that no investor should ever put their eggs in one basket -- asset diversification is crucial. Yet there are some mavericks who defy that piece of conventional wisdom, and one striking example is MicroStrategy (MSTR 6.29%) Co-Founder and Chairman Michael Saylor.Saylor is known as being quite the enthusiastic bull, so much so that he has geared his company exclusively toward the buying and holding of Bitcoin (BTC -3.35%). These days, that's a lucrative strategy; according to ...

Software company turned glorified Bitcoin (BTC-USD) holding company MicroStrategy (NASDAQ:MSTR) is seeing some volatility today, with MSTR stock giving up a good chunk of yesterday’s gains. At the time of writing, the company’s stock price has dropped more than 7% on news that the company will be putting forward its second convertible note offering in the past 10 days, with the intention of buying more Bitcoin.MicroStrategy’s CEO, Michael Saylor, has been steadfast in his view that Bitcoin is the only reaso ...

TYSONS CORNER, Va.--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR) (“MicroStrategy”) today announced that it intends to offer, subject to market conditions and other factors, $500 million aggregate principal amount of convertible senior notes due 2031 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). MicroStrategy also expects to grant to the initia ...