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2024-11-11 04:11:22

Joker on Nostr: MicroStrategy’s (Ticker: MSTR) $42B Bitcoin Bet Is Bullish For Shareholders — ...

MicroStrategy’s (Ticker: MSTR) $42B Bitcoin Bet Is Bullish For Shareholders — Analyst

The Bitcoin stacking firm has bought Bitcoin 42 times at a dollar cost average of $39,292, according to Bitcoin Treasuries data.

Business intelligence firm MicroStrategy’s Bitcoin stash has just crossed over $20 billion in value as Bitcoin rallied above $80,000.

MicroStrategy’s 252,200 Bitcoin is now worth $20.54 billion — putting the company up over 104% on its Bitcoin investment strategy, according to “Saylor Tracker,” named after the firm’s executive chairman, Michael Saylor.

* MicroStrategy's Bitcoin Portfolio Surpasses $20B, ROI Now Over 100%

* MicroStrategy Has Outperformed Bitcoin In 2024

* 'Like Bitcoin On Steroids' — Why is MSTR Stock Trading At A 2.7X Premium?

* Bitcoin “Macro Strategy” Liked By MSTR Investors

* MicroStrategy Adds 18,300 Bitcoin, Now Holds $14.14B Worth Of BTC

* MicroStrategy’s Investment Pays Off (Since August 2020, It Has Effectively Outperformed The S&P 500 Index.)

* MicroStrategy's Next Bitcoin Purchase Is Likely To Take Its Holdings Above Grayscale's GBTC

* MicroStrategy Soars To 25-Year High, With 'NAV Premium' The Widest Since 2021

Remainder Of The Article: Nasdaq-Listed MicroStrategy And Others Wary Of Looming Dollar Inflation, Turns To Bitcoin And Gold: https://dpl-surveillance-equipment.com/bitcoin-and-crypto-currency/nasdaq-listed-microstrategy-and-others-wary-of-looming-dollar-inflation-turns-to-bitcoin-and-gold/
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