JPMorgan raises price targets on Bitcoin mining stocks
The increases partly reflect a “HODL premium” akin to MicroStrategy’s, the analysts said.
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The increases partly reflect a “HODL premium” akin to MicroStrategy’s, the analysts said.
The company’s board opposed the resolution, citing Bitcoin’s purported volatility as a negative factor.
MicroStrategy’s stock premium has benefited from a virtuous cycle in the bull market. It will eventually reverse course.
MicroStrategy keeps stacking Bitcoin despite BTC hitting all-time high prices, with its co-founder Michael Saylor confident that his company will still buy it at $1 […]
US spot Bitcoin ETFs now collectively hold more Bitcoin than is estimated to be held by the anonymous Bitcoin creator, Satoshi Nakamoto.
MicroStrategy’s Bitcoin treasury is worth more than $40 billion after BTC surpassed $100,000 per coin.
For companies like MicroStrategy, convertible senior notes provide low-interest financing and flexible capital without diluting shareholders.
BlackRock’s IBIT now holds 2.38% of all Bitcoin, with its latest filing showing it has 500,380 BTC on its books.
Corporate Bitcoin adoption is “going parabolic,” and early birds have little to worry about when it comes to BTC price corrections.
An unusual BTC price reaction to MicroStrategy’s latest confirmation of increased BTC exposure accompanies the week’s first Wall Street open.
