Bitcoin Buying Plans Are Supercharging Stocks. Is This a Michael Saylor Redux — or Another 'Long Island Iced Tea' Fad?
"The recent bitcoin boom, coupled with MicroStrategy's 500+% stock surge in 2024, has inspired a wave of companies — particularly microcaps — to announce bitcoin buying strategies," said Youwei Yang, chief economist at BIT Mining (BTCM).
Investor and author Robert Kiyosaki has criticized the U.S. Federal Reserve and commended Michael Saylor, co-founder and ...
Michael Saylor and Warren Buffett are two of the most successful investors in financial history. Saylor embraces Bitcoin as a ...
Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.
This latest acquisition took place over the past few days, with current holdings now valued at nearly $38 billion.
Note: This article has been updated to include Bernstein’s revised price target for MSTR. In a remarkable turn of events, ...
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