MSTR Stock Recent News

One of today's biggest movers is MicroStrategy (NASDAQ: MSTR ) stock. A tech player turned Bitcoin ( BTC-USD ) holding company, this closely watched name has seen meteoric gains this year.

Shares of MicroStrategy (NASDAQ: MSTR ) stock are sinking lower today but still up by over 150% year-to-date, following the publication of a short report from Kerrisdale Capital. The hedge fund disclosed in the report that it is long Bitcoin ( BTC-USD ) and short MSTR.

MicroStrategy (NASDAQ: MSTR ) stock is on the move Thursday as investors react to a new short report from Kerrisdale Capital targeting the data analytics and Bitcoin ( BTC-USD ) holding company. Kerrisdale Capital takes issue with the value of investing in MicroStrategy as compared to purchasing Bitcoin outright.

After its latest acquisition binge, MicroStrategy now owns more than 1% of all Bitcoin in the world. The introduction of the new spot Bitcoin ETFs means that the "proxy stock" effect might wear off in 2024.

Stock splits do not alter a company's overall value, but they can render shares more accessible to retail investors. MicroStrategy has split and reverse-split its stock before.

Cocoa price predictions are a hot topic on Tuesday as demand for chocolate ahead of Easter has the commodity's value soaring higher. The big news worth noting is that the price of cocoa has surpassed $10,000 per metric ton.

MicroStrategy (NASDAQ: MSTR ) stock is on the move Tuesday after the data analytics software company and Bitcoin ( BTC-USD ) investor announced the release of a new artificial intelligence (AI) bot. MicroStrategy Auto is the newest AI bot released from MicroStrategy as part of its MicroStrategy AI platform.

Shares of MicroStrategy Incorporated (NASDAQ:MSTR) made fresh all-time highs on Monday as they surpassed the crucial short-term resistance near $1,800 level and ended the day up 21.86% at $1,856. MicroStrategy has been aggressively buying Bitcoin over the past few weeks, raising billions of dollars through the issuance of convertible notes.

MicroStrategy Inc. NASDAQ: MSTR stock has been synonymous with, and correlated to, spot bitcoin prices. MSTR stock has garnered the spotlight, making headlines not for its core business in the computer and technology sector as an operator and developer of business intelligence (BI) software solutions but instead as a bitcoin holder using the cryptocurrency as a Treasury reserve asset.

MicroStrategy (NASDAQ: MSTR ) stock is in the news Wednesday after TD Cowen cut its price target for the data analytics company's shares. TD Cowen analysts reduced their price target for MSTR stock from $1,560 per share to $1,450 per share.