Tag: MicroStrategy
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MicroStrategy (MSTR) Just Split 10:1
MicroStrategy (MSTR) split 10:1 after the bell on Friday. While it won’t change any of the company’s fundamentals, it will make the stock far more attractive at a lesser cost to more investors. Using Friday’s closing price of about $1,448, the stock should open at $144.80 on Monday. However, we don’t expect for MSTR to…
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Top Ways to Trade the Bitcoin Boom
“With Bitcoin still pushing higher, keep an eye on the miners,” we said on Nov. 15. “Last checked, BTC was up to $37,471, and could see $40,000 near-term. All in anticipation of a Bitcoin ETF.” Today, Bitcoin just crossed $44,000 and could see higher highs. As for the miners, and other Bitcoin-related stocks we mentioned…
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MicroStrategy Could See Higher Highs after a Pullback
“With Bitcoin quickly nearing $31,000, stocks like MicroStrategy (MSTR) are exploding. All in hopes a Bitcoin ETF will finally be approved,” we noted on Oct. 23. “MSTR last traded at $362.45 – up $14.41 on the day—and could push higher after breaking above its 50-day moving average. It’s also now above triple-top resistance. And if…
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Why MicroStrategy Could Test $500 this Year
“With Bitcoin quickly nearing $31,000, stocks like MicroStrategy (MSTR) are exploding. All in hopes a Bitcoin ETF will finally be approved,” we noted on Oct. 23. “MSTR last traded at $362.45 – up $14.41 on the day—and could push higher after breaking above its 50-day moving average. It’s also now above triple-top resistance. And if…
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MicroStrategy Breaking Out on Bitcoin Rally
With Bitcoin quickly nearing $31,000, stocks like MicroStrategy (MSTR) are exploding. All in hopes a Bitcoin ETF will finally be approved. Helping, according to Bitcoin.com: “Steven Schoenfeld, former head of International Equity Product Strategy at Barclays Global Investors (now Blackrock), expects the U.S. Securities and Exchange Commission (SEC) to approve all spot bitcoin exchange-traded fund…
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Coinbase Just Filed to Go Public on the NASDAQ
With the cryptocurrency boom well underway, Coinbase is going public. It will use a direct listing to offer shares to the public instead of a traditional IPO. “The company said it plans to list its shares on the Nasdaq exchange under the ticker symbol ‘COIN.’ More than 43 million investors in more than 100 countries…