MicroStrategy Stock News

Under Michael Saylor's leadership, MicroStrategy (NASDAQ: MSTR) has become the publicly-traded company that has most closely tied its prospects to leading cryptocurrency Bitcoin (BTC).

Analysts hoist price targets for MicroStrategy stock as the company continues its bitcoin buying spree. Bitcoin retreated from just below $100,000.

MicroStrategy buys more bitcoin, and stock gets a lift after analyst boosts price target by 44%.

The company used proceeds from a recent sale of stock and converible bonds to buy more of the cryptocurrency.

Shares in MicroStrategy (MSTR), the largest corporate holder of Bitcoin (BTCUSD), are jumping Monday in premarket trading, as the cryptocurrency trades near the $100,000 mark for the first time.

The T-Rex 2X Long MSTR Daily Target ETF has surged 800% since its launch, thanks to MicroStrategy's stock performance and a favorable market environment. MSTU's success is driven by fortunate timing, the emergence of single stock ETFs, and a significant Bitcoin rally influenced by a crypto-friendly Trump administration. Leveraged ETFs like MSTU can outperform their underlying assets significant...

Shares of MicroStrategy (MSTR 6.19%) jumped 24.7% higher this week, according to data from S&P Global Market Intelligence. The Bitcoin investment company was helped by the cryptocurrency's price appreciation this week along with a convertible debt offering at a 0% interest rate.

The company has been raising money to buy the cryptocurrency.