Traders hit pause on bitcoin rally, MicroStrategy bounces

The pace of a rapid rally in bitcoin that has brought the pioneering cryptocurrency to the cusp of $100,000 for the first time was cooling on Friday. Meanwhile, shares of MicroStrategy Inc. …

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Traders Hit Pause On Bitcoin Rally, MicroStrategy Bounces

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The pace of a rapid rally in bitcoin that has brought the pioneering cryptocurrency to the cusp of $100,000 for the first time was cooling on Friday. Meanwhile, shares of MicroStrategy Inc. …

marketwatch.com

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MicroStrategy May Pause Bitcoin Buys Amid Blackout Rumors

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Dec 19, 2024 · Currently, MicroStrategy holds $46.02 billion worth of Bitcoin, with an unrealized profit of over $18.9 billion. In December alone, the company reportedly purchased over $3 …

fxstreet.com

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MicroStrategy To Pause Bitcoin Purchases In January

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Dec 18, 2024 · This came right after they spent $2 billion on 21,000 BTC the week before. Altogether, MicroStrategy has invested $27.1 billion into Bitcoin at an average price of $61,725 …

cryptopolitan.com

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Analysts Overhaul MicroStrategy Stock Price Target Amid Bitcoin Rally

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Nov 25, 2024 · Bitcoin has added nearly $1 trillion in value this year.

thestreet.com

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MicroStrategy Will Eventually Unravel — Bitcoin Bulls Should Look …

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Dec 10, 2024 · As of Dec. 7, the data shows that MicroStrategy’s Bitcoin treasury is worth over $40 billion, notching unrealized profits of about $16.5 billion. ... If MSTR doesn’t hit that price …

cointelegraph.com

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Bitcoin Now Poised For A $26 Trillion MicroStrategy Game

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Dec 4, 2024 · MicroStrategy has ridden the bitcoin price boom to an all-time high valuation, far outpacing bitcoin itself as traders use the company's stock as a bitcoin proxy. This week, …

forbes.com

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MicroStrategy Surges To 6-Month High As Bitcoin Wrestles With …

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Oct 7, 2024 · The crypto rally stumbled during the Monday U.S. trading session with bitcoin {{BTC}} slipping to $62,800 from near $64,000 within an hour along with an abrupt nosedive in …

businessinsider.com

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MicroStrategy Stock Crashes 16% As Citron Bets Against Bitcoin …

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Nov 22, 2024 · MicroStrategy's (NASDAQ:MSTR) wild ride hit a speed bump Thursday, as the stock plunged 16% to $397.28 following a bold call from Citron Research. Citron, once a fan of …

yahoo.com

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MicroStrategy Wipes $30B In Biggest 4-day Drop Amid Bitcoin …

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Nov 27, 2024 · On the yearly chart, Bitcoin rose 146% and MicroStrategy is up 599% as more retail investors pour into Saylor’s stock, increasing its volatility compared to BTC. …

cointelegraph.com

FAQs about Traders hit pause on bitcoin rally, MicroStrategy bounces Coupon?

Why did MicroStrategy pause bitcoin purchases in January?

MicroStrategy may pause Bitcoin purchases in January due to a rumored blackout period on issuing shares or convertible debt. Speculations link the blackout to insider trading rules or NASDAQ 100 index inclusion. The company holds $46.02 billion in Bitcoin, with MSTR shares up 460% year-to-date. ...

Will MicroStrategy halt Bitcoin (BTC) purchases in January?

Speculation is growing that MicroStrategy (MSTR) could halt Bitcoin (BTC) purchases in January due to a rumored blackout period on issuing shares or convertible debt. A blackout period for publicly traded companies is a temporary time frame during which specific activities involving the company’s securities are restricted. ...

What happened to bitcoin & MicroStrategy?

The pace of a rapid rally in bitcoin that has brought the pioneering cryptocurrency to the cusp of $100,000 for the first time was cooling on Friday. Meanwhile, shares of MicroStrategy Inc. traded higher as the company bounced back from a Thursday selloff. Bitcoin was off by 0.5% at $97.850 a coin on Friday. ...

How much bitcoin does MicroStrategy own?

Currently, MicroStrategy holds $46.02 billion worth of Bitcoin, with an unrealized profit of over $18.9 billion. In December alone, the company reportedly purchased over $3 billion worth of BTC at prices exceeding $100,000, reflecting its bullish stance on the cryptocurrency. ...

Is MicroStrategy a 'bitcoin Treasury' company?

MicroStrategy, founded as a software company in pre-dot com bubble internet boom, has been transformed into what its cofounder and chairman Michael Saylor calls a "bitcoin treasury" company, outperforming the likes of stock market darling Nvidia as it funds its bitcoin buys with the sale of convertible notes and at-the-market share offerings. ...

Is citron's'microstrategy' the most daring bitcoin play on Wall Street?

Citron's not the first to hedge its Bitcoin bets by shorting the companyothers have made the same play, citing concerns over the stock's detachment from crypto fundamentals. For now, MicroStrategy remains the most daring Bitcoin play on Wall Street, but as Citron's move highlights, that ride isn't for the faint-hearted. ...