MicroStrategy Inc stock news. MicroStrategy on May 13 said it bought about 271 bitcoins for $15 million in cash at an average price of $55,387. 10 stocks we like better than MicroStrategy When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. MicroStrategy is continuing its bitcoin buying binge as the cryptocurrency crosses the $50,000 level. Bitcoin plunged more than 30% in a 24-hour period to its lowest level since January, as China widens its crackdown on cryptocurrencies. MicroStrategy's stock value skyrockets by 200% since its investment in Bitcoin. MicroStrategy Inc. President and Chief Financial Officer Phong Le has netted about $12 million in stock sales in recent weeks, as the business intelligence firm’s stock … © 2021 Verizon Media. It can reflect on the current distribution of Microstrategy daily returns and investor perception about the current pice of Microstrategy Cl A as well as its diversification or hedging effects on your existing portfolios. MicroStrategy Incorporated’s value is way below its 50-day moving average of $744.77 and way above its 200-day moving average of $445.15. Following the transaction, the chief financial officer now owns 10,000 shares of the company's stock, valued at $7,758,600. MicroStrategy announced on Friday that it bought just over $10 million worth of additional bitcoins, just days after finalizing another purchase of more than $15 million. MicroStrategy Inc. NASDAQ Updated May 13, 2021 11:25 PM MSTR 488.08 53.80 (9.93%). MicroStrategy has converted its $2.2 billion investment into closer to $5.5 billion as Bitcoin’s price has risen to record highs. Microstrategy stock news, alerts, and headlines are usually related to their technical, predictive, social, and fundamental indicators. View which stocks have been most impacted by COVID-19. Although HSBC traders will be allowed to hold and sell their MicroStrategy shares, they will not be able to buy or trade new MicroStrategy stocks on HSBC's investment platform, as MicroStrategy's underlying valuation is closely tied with Bitcoin. MicroStrategy has higher earnings, but lower revenue than Workday. MicroStrategy's stock was trading at $124.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). MicroStrategy Incorporated’s Moving Average. MicroStrategy Inc. disclosed Tuesday that it just spent $10.9 million to buy 229 bitcoins, at an average price of $43,663 per bitcoin, including fees. Fool since 2011. MicroStrategy's stock has become something of a proxy for the price of Bitcoin. Cryptocurrency News. The company has been seen as a bitcoin play, because the company has been acquiring bitcoin and said it uses bitcoin as its primary treasury asset. DOW 34,777.76. Value of MicroStrategy Stock In Bitcoin It will be recalled that MicroStrategy made its first purchase of 21,454 bitcoins for approximately $250 million on August 11, 2020. Free forex prices, toplists, indices and lots more. MicroStrategy uses Bitcoin has its primary treasury asset. Neither HSBC nor MicroStrategy immediately replied to Cointelegraph’s request for comments. Returns as of 05/19/2021. Microstrategy is still up substantially on its Bitcoin wager as it acquired the digital tokens at an average cost of $24,214 as of the end of the first quarter. In an announcement on April 26, Binance stated that it would be listing MicroStrategy (MSTR), Microsoft (MSFT), and Apple (AAPL). MicroStrategy Incorporated’s Moving Average. MicroStrategy stock jumps 29% after Tesla bitcoin purchase Tysons software company's bitcoin holdings now worth $3B Published February 8, 2021 by Sydney Lake Following Tesla’s announcement that it had purchased $1.5 billion in bitcoin, Tysons-based business software company MicroStrategy Inc. — which has converted hundreds of millions in holdings … MicroStrategy has a beta of 1.59, meaning that its stock price is 59% more volatile than the S&P 500. Morning Brief ... MicroStrategy now holds 92,079 BTC bought for a … View the most recent insider trading activity for MSTR stock at MarketBeat. Which company executives are buying and selling shares of MicroStrategy (NASDAQ:MSTR) stock? Find the latest MicroStrategy Incorporated (MSTR) stock quote, history, news and other vital information to help you with your stock trading and investing. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. Discounted offers are only available to new members. As of 1:57 p.m. EDT, the stock … MicroStrategy Share’s 4 Day Winning Streak. Volatility & Risk. Ethereum vs. Bitcoin: Which Is the Better Buy? View the most recent insider trading activity for MSTR stock at MarketBeat. The … MicroStrategy Inc. NASDAQ Updated May 13, 2021 11:25 PM MSTR 488.08 53.80 (9.93%). We’re motley! News Business. MicroStrategy owns quite a few Bitcoins, so it benefits when the price is rising. MicroStrategy’s products let customers make smarter and faster decisions – a key advantage in today’s high-speed business world. Get the latest MicroStrategy Incorporated (MSTR) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. With its most recent purchase, MicroStrategy … A high-level overview of MicroStrategy Incorporated (MSTR) stock. As of 3 p.m. EDT, the stock was up almost 16%.MicroStrategy adopted a policy last … He also said he's working with Dogecoin developers to make that cryptocurrency more efficient, which could challenge Bitcoin's use as a currency. 3 min read. Shares of MicroStrategy (NASDAQ: MSTR) were falling today in tandem with a broader slide in cryptocurrencies, in particular Bitcoin (CRYPTO: BTC). MicroStrategy is a software company, but the stock's fortunes have become tied to Bitcoin as CEO Michael Saylor has essentially bet the company's future on the cryptocurrency. The MSTR/BUSD pair will be listed on April 26. MicroStrategy said on Tuesday it is raising $600 … This site provides links to other third-party internet sites, which are identified, indexed and compiled through an automated process with no advance review by Stash. Shares of MicroStrategy Inc. sank 6.6% toward a four-month low in premarket trading Thursday, as the enterprise software company and bitcoin play is being weighed down by the selloff in the cryptocurrency. However, Bitcoin's slumping to a three-month low shows the vulnerability of the plan. All rights reserved. This jump in MSTR means the stock is up over 18% after its 4-day winning streak. Stock Market News. The stocks making the biggest moves in premarket trading include AT&T, Discovery, ViacomCBS, MicroStrategy, and more. Microstrategy (NASDAQ:MSTR) stock managed to surge by roughly 113% since 8 Dec when it was downgraded by an analyst from Citigroup On 8 December, 2020, Citigroup, one of the largest banks in the world, decided to downgrade MicroStrategy’s stock. Shares of MicroStrategy (NASDAQ:MSTR) took a big step back on Wednesday, and the only news out there is the price of Bitcoin . ... 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