Bitcoin Bounds Past $29.4K on MicroStrategy BTC Purchasing Plans; ADA, SOL Turn Green

CRV was up more than 5% after Tron blockchain founder Justin Sun purchased more than $2 million of the token. ETH, SOL remained in slightly negative territory despite climbing in recent hours.

• 2023-08-02
• MicroStrategy Bitcoin

MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul

The software firm reported its second-quarter earnings after the close on Tuesday.

• 2023-08-02
• MicroStrategy digital asset

MicroStrategy Makes Profit, Reports $24 Million Bitcoin Impairment Charge in Q2

The company has returned to profitability after a modest rise in the price of Bitcoin.

• 2023-08-02
• MicroStrategy Bitcoin Michael Saylor software company

MicroStrategy Stock Today: How A Bear Put Spread Could Make $1,030 In This Bitcoin Stock Play

This trade should pay off if MicroStrategy stock moves closer to its fair value without bitcoin rallying significantly.

• 2023-07-18
• MicroStrategy bear put spread risk management principles

MicroStrategy Only Needs to Liquidate Bitcoin in Extreme Price Corrections: Bernstein

A more robust bitcoin price means the company has a stronger balance sheet, a higher share price and easier debt repayment without the need to sell down its cryptocurrency holdings, the report said.

• 2023-07-12
• MicroStrategy bitcoin prices value of bitcoin debt repayment

MicroStrategy Shares Offer Better Exposure to Crypto Than Coinbase: Berenberg

Macro drivers of demand for bitcoin are bullish for MicroStrategy shares, the report said.

• 2023-05-23
• MicroStrategy Berenberg Coinbase

MicroStrategy Stock Rises After Big Earnings Beat. Thank Bitcoin’s Rally.

MicroStrategy has emerged as one of the few companies to hold significant quantities of crypto, and Bitcoin's rally this year has buoyed its finances.

• 2023-05-02
• MicroStrategy Bitcoin prices software group

Bitcoin Rally Puts MicroStrategy in the Green for First Time in 9 Quarters

MicroStrategy has reported its first net income in nine quarters after leveraging a tax benefit related to its Bitcoin stash.

• 2023-05-02
• MicroStrategy Bitcoin Michael Saylor Bitcoin Strategy

MicroStrategy Is Uniquely Positioned to Benefit From Rising Bitcoin Price: Berenberg

The bank initiated coverage of the stock with a buy rating and a $430 price target, implying 40% potential upside.

• 2023-04-28
• MicroStrategy Berenberg Michael Saylor price of bitcoin executive chairman premarket trading BTC price listed companies

MicroStrategy’s Bitcoin Holding Doesn’t Necessarily Pose a Concentration Risk: Bernstein

Rising bitcoin prices mean a stronger balance sheet, higher stock prices and easier debt repayment, without the company needing to sell its holdings, the report said.

• 2023-04-19
• MicroStrategy balance sheet debt repayment Bernstein market sentiment stock prices