Bubbles Always BurstHistory is littered with the memories of epic bubbles in various markets worldwide. “Tulip Mania” took the Netherlands by storm in the 17th century when tulip bulb prices exploded to extraordinary heights before crashing down to earth. In the early 1980s, the billionaire Hunt brothers, believing that inflation would run rampant, attempted to corner the market in silver by acquiring roughly 30% of the privately held silver. Silver prices soared before suffering a rapid order 50% drawdown. ...

Microstrategy (MSTR 10.05%) continues its incredible run as the company sells more debt and equity to buy more Bitcoin (BTC 2.13%). Shares were up as much as 16% in trading on Wednesday and are up 12.5% near the end of trading on Wall Street.On Monday, the company announced it had acquired 51,780 Bitcoin for approximately $4.6 billion at an average price of $88,627. On Wednesday, the company announced the pricing of $2.6 billion of 0% convertible senior notes due in 2029. The notes could convert into cash o ...

Key TakeawaysMicroStrategy shares surged again Wednesday, lifted by bitcoin's recent record-high.The technology company is the largest corporate holder of bitcoin, with about $31 billion worth in its portfolio.MicroStrategy stock is up nearly 700% this year, even outperforming bitcoin itself. MicroStrategy (MSTR) shares rocketed higher again Wednesday, as the largest corporate holder of bitcoin reaps the benefits of record high prices for the cryptocurrency.  The price of bitcoin hit a record of more than $ ...

The board of Acurx Pharmaceuticals approved Wednesday the purchase of up to $1 million in bitcoin to hold as a treasury reserve asset. Shares of the the company were last lower by more than 6% after spiking about 8% in premarket trading."As demand for bitcoin grows, and so does its acceptance as a major and primary asset class, we believe that bitcoin will serve as a strong treasury reserve asset for cash not needed over the next 12 to 18 months" CEO David P. Luci said in a statement."Its limited supply and ...

Key TakeawaysMicroStrategy shares could remain in focus on Tuesday after soaring 13% to a new record high following news the software analytics company had purchased an additional $4.6 billion of bitcoin. Gains in the stock have accelerated since breaking out above a rectangle formation, with share turnover registering its highest level last week since going public in 1998.A bars pattern, which takes the stock’s trend higher from October 2023 to March this year and repositions it from the rectangle formatio ...

公司投资比特币情况 - 公司是比特币最大的企业持有者且不断增持 [1] - 公司计划筹集420亿美元购买更多比特币 其中一半资金来自固定收益证券另一半来自股权 预计需三年筹集完所有资金 截至11月11日公司拥有超27.9万枚比特币 较年初的18.9万枚有所增加 [3][4] 公司投资比特币的风险 - 公司筹集资金购买比特币是高风险策略 若比特币价值下降投资者可能对公司股票看跌 2022年比特币下跌65%时公司股票下跌74% [5][6] - 公司如今更像比特币控股公司 近期企业软件销售额下降超10% 重点在增持比特币而非拓展核心业务 公司易受比特币估值变化影响 上季度净亏损3.4亿美元 超营收（1.16亿美元）两倍 主要因数字资产减值损失达4.12亿美元 [7][8] 对比直接投资比特币 - 若看好比特币 直接持有数字资产或交易所交易基金可能比持有公司股票更好 公司估值表明其更像数字货币而非典型股票 其预期市盈率超1200% 按营收算股票估值也很荒谬 是过去12个月销售额的145倍以上 [9][10] 公司最新筹资举措的影响 - 公司最新筹资购买比特币的举措风险很高 无助于改善公司基本面 只会让公司比现在更具风险和投机性 [11]

Michael Saylor is a perennial crypto bull.Bitcoin (BTC 3.44%), the world's largest cryptocurrency, has been on a great run this year and has roughly doubled -- well ahead of the bull market and hitting new all-time highs. The token has benefited from the creation of spot Bitcoin exchange-traded funds (ETFs), lower interest rates, and a growing view that the token could be a hedge against inflation.However, Bitcoin may just be getting started, according to MicroStrategy Executive Chaiman and billionaire inve ...

Though many technology and cryptocurrency stocks have achieved massive success in 2024, with MicroStrategy (NASDAQ: MSTR) being a prime example as it is up 420.42% year-to-date (YTD), few have matched the feat accomplished by one nano-cap Bitcoin (BTC) miner.BTC Digital Ltd. (NASDAQ: BTCT) entered an incredible surge during the November 12 session and rallied 316.67% within a single session from its previous closing price of $2.52 to $10.50. At one point on Tuesday, the rally appeared even more remarkable a ...

MIAMI, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading provider of thematic and leverage-focused exchange-traded funds, is thrilled to announce that its MSTX ETF (Daily Target 2X Long MSTR ETF) has surpassed $1 Billion in assets under management (AUM). This milestone underscores the strong investor demand and confidence in the product’s innovative approach to offering amplified exposure to MicroStrategy Inc. (MSTR), a company known for its substantial Bitcoin holdings and cutting-edge data analyt ...

MicroStrategy Inc. (NASDAQ: MSTR) has been riding the crypto wave, with its stock price surging alongside Bitcoin’s (BTC) recent all-time highs. Following the acquisition of an additional 27,200 BTC between October 31 and November 10 at an average price of $74,463 per coin, MicroStrategy now holds a substantial 279,420 BTC, valued at approximately $23 billion according to Bitcoin Treasuries.With Bitcoin currently trading around $87,000, this holding has positioned MicroStrategy as the top corporate Bitcoin ...