Bitcoin Buying Plans Are Supercharging Stocks. Is This a Michael Saylor Redux — or Another 'Long Island Iced Tea' Fad?
"The recent bitcoin boom, coupled with MicroStrategy's 500+% stock surge in 2024, has inspired a wave of companies — particularly microcaps — to announce bitcoin buying strategies," said Youwei Yang, chief economist at BIT Mining (BTCM).
MicroStrategy claims to have found an infinite money glitch by using inflating dollars to accumulate scarce bitcoin. But how ...
Michael Saylor's MicroStrategy reportedly lost $30 billion in Bitcoin's recent dip, The Kobeissi Letter revealed on Wednesday ...
Michael Saylor and Warren Buffett are two of the most successful investors in financial history. Saylor embraces Bitcoin as a ...
Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.
This latest acquisition took place over the past few days, with current holdings now valued at nearly $38 billion.
Note: This article has been updated to include Bernstein’s revised price target for MSTR. In a remarkable turn of events, ...
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