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MSTR

BITFARM a penny cryptominer LONG CONTINUATIONOn the 15 minute chart BITF did 25% this week as Bitcoin climbed over 45,000. It is running hard with lots of its peers. IF BTCUSD trades up all weekend there will be continuation. The best options which closed Friday afternoon did 5X overnight, some of the peer's had 5-13X. The RSI indicator and ZL MACD are supportive. the Stochastic adjusted to a period of 14 x4=56 is getting overbought. All depends on BTCUSD ( and ETHUSD) as stablecoin high market caps over the weekend. My options are open and rolled into the following Friday.
NASDAQ:BITFLong
by AwesomeAvani
MSTR Bitcoin Boom: Saylor's Bold Moves Yield 46% Surge in a WeekMicroStrategy ( NASDAQ:MSTR ) has emerged as a beacon of innovation and foresight, led by the visionary Michael Saylor. As the clamor for cryptocurrency reaches a fever pitch, Saylor's strategic maneuvers have positioned MicroStrategy ( NASDAQ:MSTR ) at the forefront of the Bitcoin revolution, yielding a remarkable 46% surge in stock value within a single week. Saylor's Revelations: Unveiling the Demand for Bitcoin ETFs At the heart of MicroStrategy's meteoric rise lies Michael Saylor's keen insight into the burgeoning demand for Bitcoin Exchange-Traded Funds (ETFs). With investors clamoring for traditional avenues to access the digital currency, Saylor's bold assertion of a tenfold increase in ETF demand underscores MicroStrategy's ( NASDAQ:MSTR ) astute alignment with market dynamics. MicroStrategy's Strategic Shift: From Software Titan to Cryptocurrency Leader Gone are the days when MicroStrategy ( NASDAQ:MSTR ) was solely synonymous with software solutions. Under Saylor's guidance, the company has undergone a seismic strategic shift, rebranding itself as a vanguard in the realm of cryptocurrency. By amassing substantial holdings of Bitcoin, MicroStrategy ( NASDAQ:MSTR ) has not only embraced the digital currency but has also cemented its status as a trailblazer in the field. Despite this pivot, MicroStrategy ( NASDAQ:MSTR ) remains steadfast in its commitment to its core software and business intelligence offerings, which continue to serve as linchpins of revenue generation and client satisfaction. This delicate balance between tradition and innovation underscores MicroStrategy's versatility and resilience in a rapidly evolving market landscape. Future Growth Strategies: Pioneering Financial Planning for the Digital Age Looking ahead, Michael Saylor has outlined a vision for MicroStrategy ( NASDAQ:MSTR ) that transcends mere adaptation; it encapsulates a proactive pursuit of growth and value creation. By leveraging capital markets and exploring strategic initiatives such as stock splits and capital restructuring, MicroStrategy ( NASDAQ:MSTR ) aims to optimize its financial resources to fuel expansion and innovation. Conclusion In conclusion, MicroStrategy's ( NASDAQ:MSTR ) meteoric ascent amid the Bitcoin boom epitomizes the power of visionary leadership and strategic foresight. Under Michael Saylor's stewardship, the company has not only embraced the winds of change but has also harnessed them to soar to new heights of success and prosperity. As the cryptocurrency revolution continues to unfold, MicroStrategy ( NASDAQ:MSTR ) stands poised at the vanguard, a beacon of innovation illuminating the path forward for investors and industry titans alike.
NASDAQ:MSTRLong
by DEXWireNews
MicroStrategy's Bitcoin Bet Pays Off BigMicroStrategy ( NASDAQ:MSTR ), the pioneering business intelligence software giant, has been making waves in the financial world with its bold and unconventional investment strategy: accumulating Bitcoin as a reserve asset. Despite enduring a tumultuous journey through the volatile crypto market, the company's steadfast commitment to its Bitcoin accumulation strategy has paid off handsomely. With Bitcoin's recent surge past $47,000, MicroStrategy ( NASDAQ:MSTR ) finds itself sitting on unrealized profits amounting to billions of dollars. Let's delve deeper into this remarkable story of resilience, conviction, and staggering financial gains. Unwavering Conviction Amidst Market Turbulence: MicroStrategy's ( NASDAQ:MSTR ) journey into the world of Bitcoin began in August 2020 when it made its first substantial purchase of the cryptocurrency. Led by then-CEO Michael Saylor, the company declared its intention to continue accumulating Bitcoin regardless of market conditions. This unwavering conviction in the potential of Bitcoin as a store of value and hedge against inflation set MicroStrategy ( NASDAQ:MSTR ) apart from traditional corporate investment strategies. Navigating Through the Crypto Winter: The road hasn't been without its challenges for MicroStrategy ( NASDAQ:MSTR ). The late 2022 and early 2023 market crash sent shockwaves through the crypto space, causing significant financial losses for the company. Despite enduring consecutive quarterly losses and multi-million BTC impairment charges, MicroStrategy ( NASDAQ:MSTR ) remained resolute in its commitment to its Bitcoin accumulation strategy. This steadfast determination to weather the storm has proven to be a defining characteristic of MicroStrategy's approach to investing in cryptocurrencies. The Rise of MicroStrategy's Bitcoin Stash: Despite the challenges posed by market volatility, MicroStrategy's Bitcoin holdings continued to grow steadily. With each purchase, the company employed a dollar-cost averaging (DCA) strategy, ensuring that it capitalized on opportunities presented by fluctuations in Bitcoin's price. This disciplined approach to accumulation has seen MicroStrategy ( NASDAQ:MSTR ) amass a staggering 190,000 BTC over the past three and a half years, making it the largest corporate holder of Bitcoin. A Lucrative Investment: MicroStrategy's patience and persistence have finally borne fruit as Bitcoin's price surged above $47,000. With an average entry price of $31,464, the company's Bitcoin stash is now worth over $9 billion, representing a 50% increase in unrealized profits. Despite the temptation to realize these gains, MicroStrategy's CEO, Michael Saylor, has reiterated the firm's commitment to holding its BTC holdings for the long term, signaling confidence in Bitcoin's future potential. Stock Performance Reflects Bitcoin's Trajectory: The success of MicroStrategy's Bitcoin investment strategy is reflected in its stock performance. Despite facing criticism and skepticism from some quarters, MicroStrategy's stock price has soared by over 400% since implementing its Bitcoin-purchasing strategy. This remarkable appreciation underscores the symbiotic relationship between MicroStrategy's ( NASDAQ:MSTR ) stock performance and the trajectory of Bitcoin's price. Conclusion: MicroStrategy's bold foray into Bitcoin has proven to be a masterstroke, yielding unprecedented gains amidst the unpredictable landscape of the cryptocurrency market. Despite facing adversity and skepticism, the company's unwavering conviction, disciplined approach, and long-term vision have enabled it to emerge as a trailblazer in the realm of corporate Bitcoin investment. As Bitcoin continues to redefine the boundaries of traditional finance, MicroStrategy ( NASDAQ:MSTR ) stands as a testament to the transformative power of bold decision-making and unwavering conviction in the face of uncertainty.
NASDAQ:MSTRLong
by DEXWireNews
Navigating MicroStrategy's Future MicroStrategy Inc (NASDAQ:$ MSTR), a key player in enterprise analytics and mobility software, recently caught the attention of investors with the news of Executive Chairman and 10% Owner Michael Saylor selling 5,000 shares on January 25, 2024. This move adds to a series of sales totaling 85,000 shares over the past year, without any corresponding insider purchases. This article delves into the implications of these insider transactions, examines the company's overall performance, and analyzes technical indicators to provide investors with a comprehensive outlook. Insider Selling Patterns: Insider transactions often serve as valuable signals for investors trying to gauge the health and confidence of a company's leadership. Michael Saylor's consistent selling over the past year raises questions about the motives behind the divestitures. Investors should closely monitor such patterns, as they can sometimes provide insight into the leadership's perception of the company's future prospects. Company Overview: MicroStrategy Inc has carved a niche for itself in the enterprise analytics and mobility software sector. The company's offerings, including MicroStrategy Analytics, MicroStrategy Mobile, and Usher, enable organizations to analyze vast amounts of data, deliver actionable insights, and provide digital credential and identity intelligence solutions. Technical Analysis: MicroStrategy's stock has been on an upward trajectory within a rising trend channel in the medium to long term. This suggests sustained investor confidence, with shares consistently being bought at higher prices. The recent positive signal from the inverse head and shoulders formation, marked by a break above the resistance at 321, adds another layer of optimism. Analysts anticipate a further rise, with a target set at 691 or beyond. However, the stock is currently approaching a critical support level at $460. This level is expected to trigger a positive reaction, providing a potential buying opportunity. Investors should closely monitor whether the stock can hold above this support, as a break below could signal a negative trend reversal. Conclusion: MicroStrategy Inc's ( NASDAQ:MSTR ) recent insider selling, technical indicators, and overall market sentiment present a mixed picture for investors. While the insider selling may raise concerns, the positive technical signals and the company's strong position in the enterprise software space suggest a nuanced evaluation is necessary.
NASDAQ:MSTRLong
by DEXWireNews
Michael Saylor Sells 5,000 $MSTR Stocks For Investing Into $BTCBetween January 2 and January 10, Saylor sold 3,882 to 5,000 NASDAQ:MSTR shares in accordance with the SEC's announcement. Leading up to the recent approval by the U.S. Securities and Exchange Commission (SEC) of exchange-traded funds directly investing in Bitcoin, Michael Saylor, the co-founder of MicroStrategy Inc., participated in a series of share sales. MicroStrategy Sells NASDAQ:MSTR Just Before ETF Approval According to data compiled by Bloomberg, Saylor sold between 3,882 and 5,000 shares on specific days from January 2 to January 10, coinciding with the SEC’s announcement. The transactions are estimated to have yielded Saylor over $20 million, marking the first instance of him selling company shares in nearly 12 years. This development comes as the company already sold $216 million worth of NASDAQ:MSTR stock last week. A spokesperson for MicroStrategy has verified the recent share sales by Michael Saylor, clarifying that these transactions are part of a pre-existing plan disclosed in a filing last year. The spokesperson emphasized that these sales are unrelated to the recent approvals of Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission. The planned sales, involving up to 5,000 shares daily, are scheduled between January 2, 2024, and April 26, 2024, with the intention of selling a total of as much as 400,000 shares during this period. MicroStrategy, a leading business intelligence firm with substantial Bitcoin holdings, weathered significant losses during the previous crypto winter. The company had to undertake substantial write-offs due to the market downturn at that time. However, in a remarkable turn of events, MicroStrategy’s current Bitcoin holdings have surged in value to approximately $8.3 billion. This represents a notable paper gain of around 40%, underscoring the company’s resilience and recovery in the crypto market. NASDAQ:MSTR Stock Under Pressure MicroStrategy, a prominent player in the business intelligence sector, has witnessed a 23% decline in its stock since the beginning of the year. The drop is attributed, in part, to concerns arising from the debut of exchange-traded funds (ETFs) that could potentially diminish the appeal of the company’s shares as investments. MicroStrategy, headquartered in Tysons Corner, Va., has long been regarded as a proxy for Bitcoin, given its substantial holdings of the cryptocurrency on its balance sheet for several years. Prior to the recent approval of a dozen spot Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC), MicroStrategy was a primary avenue for investors seeking indirect exposure to Bitcoin. The emergence of alternative options through ETFs has introduced new dynamics to the market. However, MicroStrategy chief Michael Saylor stated that the spot Bitcoin ETF launch won’t negatively impact the MicroStrategy stock price.
NASDAQ:MSTR
by DEXWireNews
Bearish Crab Visible on the Crypto/Blockchain ETFBLOK is an ETF aimed at holding many Crypto and Blockchain related stocks, some of its top holdings include COIN, MSTR, MARA, RIOT, and SBI Holdings. There was a time in late 2021 where it had topped out at the PCZ of a Bearish Gartley/Bat confluence zone depending on how you plotted it and it has since gone down over 66%, however in recent months, we've seen the price of the stock begin to recover as it has made a 38.2% Fibonacci retracement from the all-time high to the most recent lows. The original level it bounced from was the 0.886 of a Bullish Shark, however we may now see this shark turn into a Bearish 5-0 as the 0.382 aligns with the PCZ of a more local Bearish Butterfly and this could result in BLOK making a lower low and would overall be a more profitable and slightly indirect way to get bearish options positioning on Coinbase and Microstrategy without buying into the overpriced puts of the underlying assets. I will leave an link to the previous 2021 bearish setup on BLOK which resulted in the top for reference as well as a link to the bullish setup that has just played its course on COIN in the related ideas section below.
AMEX:BLOKShort
by RizeSenpai
💾 MicroStrategy Set To Grow Like There's No TomorrowI love the "Community trends" on the front page... TradingView is great. With this new feature I can see stocks/assets that I would never think of looking at otherwise. Here we have MicroStrategy, MSTR. I know about Mr. Michael Saylor as he is a huge Bitcoin fan like most of us. He also wrote the foreword for the best selling Bitcoin book ever and it was nice to see his opinion about this game we now have been playing for so long. MicroStrategy is set to grow like there is no tomorrow... At least that's the message that I am getting from this chart. I am using the weekly timeframe because long-term gives you a better perspective, short-term there is always too much "noise". The first thing to look at is the broader cycle and that's the All-Time High, February 2021, almost two years have gone by since this level was hit. The first thing that caught my attention is the current consolidation pattern and how the bulls are already showing up and strong. This weekly candle is already trading above EMA21 and EMA10... There is a strong bullish divergence on the RSI since May 2022. Also, the low in December 2022 came in higher than May, a higher low... These signals put together make a strong case for bullish growth. I write these signals for you... But what catches my attention from the go is this sort of "M" pattern, bullish bat, gartley, etc. too many names it has... This pattern is like a falling wedge in the sense that it has a very high level of accuracy. It is a bullish pattern of course and once it shows up... The chart tends to shoot up. You can find the resistance levels marked on the chart (light green) and blue for support. Namaste.

NASDAQ:MSTRLong
by MasterAnanda
💾 MicroStrategy Has More To Give!In the past, now many years ago, we would have the "wait for the confirmation" crowd which turned into "wait for the earnings"...

 MicroStrategy (MSTR) is trading below EMA50 weekly. Is this a bearish or bullish signal? Should we "wait for confirmation"? Meaning, wait for it to break and close above EMA50 before taking action! In a way yes, this can be done and there are many different ways to approach a trade, a market... Different trading systems and strategies, so it isn't a bad thing but, with a wider perspective, with so many tools, with so many charts, confirmation can be gotten for other places. The markets evolve and we have to also evolve and adapt. Each year, each cycle it becomes harder and harder, the bots become smarter and the risk increases... Anyway, knowing what we know and seeing the other charts/pairs/stocks already going ahead... The market is interrelated/linked/connected, so we know this chart will do the same. The confirmation already happened with the strong RSI and the close above EMA10. We can always wait for the next confirmation... Or we can buy at the bottom (see 'Related ideas') and ride up the full bullish wave. Check the "first (main target - high probability)" on the chart. Instead of waiting for confirmation, you can use a tight stop-loss. Namaste.
NASDAQ:MSTRLong
by MasterAnanda
1
Bitcoin Investment and ETF Anticipation Drive MicroStrategy Inc In the fast-paced world of finance, few companies have captured the attention of investors quite like MicroStrategy. Renowned for its significant Bitcoin holdings, the tech giant has recently witnessed a remarkable surge in its stock value. We delve into the factors driving MicroStrategy's recent success, including its strategic Bitcoin investments and the growing anticipation surrounding the approval of U.S. spot Bitcoin ETFs. MicroStrategy's Bitcoin Bonanza: MicroStrategy's ascent to new heights can be attributed, in no small part, to its bold and strategic Bitcoin acquisitions. The company recently announced the addition of a staggering 14,620 Bitcoins to its already substantial holdings. These acquisitions, conducted between November 30 and December 26, bring MicroStrategy's total Bitcoin possession to an impressive 189,150, valued at approximately $8.7 billion at current prices. What sets MicroStrategy apart is not just the scale of its Bitcoin holdings but the timing and astuteness of its investments. Having purchased its Bitcoin at an average price of $31,168, the company's bold move is currently showing a paper gain of $2.8 billion. This demonstrates MicroStrategy's foresight and ability to navigate the volatile cryptocurrency market with remarkable precision. Bitcoin ETF Anticipation: A significant catalyst behind MicroStrategy's recent stock surge is the growing anticipation surrounding the approval of U.S. spot Bitcoin ETFs. As the cryptocurrency market evolves, the approval of these ETFs is expected to simplify the investment process in Bitcoin, offering easier regulation and heightened appeal to investors. This positive sentiment has not only boosted MicroStrategy's stock but has also contributed to the overall uptick in Bitcoin's value, currently trading at $45,320.22 with a 7% increase in the last 24 hours. MicroStrategy's Role in ETF Custodianship: MicroStrategy's strategic positioning in the Bitcoin ETF landscape further solidifies its standing in the market. The company has been selected by prominent entities such as BlackRock, Franklin Templeton, and Grayscale to provide custodial services for their upcoming spot Bitcoin ETFs. This not only reflects the industry's trust in MicroStrategy's capabilities but also positions the company as a key player in facilitating the broader adoption of Bitcoin investment instruments. Company Preparedness for ETF Approval: A spokesperson from MicroStrategy expressed the company's preparedness for the potential approval of Bitcoin ETFs, highlighting their systems' capability to handle the anticipated increase in trading volume and demand. This level of readiness underscores MicroStrategy's commitment to navigating the evolving landscape of cryptocurrency investments and its dedication to providing reliable services to its clients and partners. Conclusion MicroStrategy's recent stock surge is a testament to its strategic prowess in the cryptocurrency space. With a substantial Bitcoin portfolio and a pivotal role in facilitating upcoming ETFs, the company stands poised for continued success. As the world watches the evolution of the cryptocurrency market, MicroStrategy's journey serves as a compelling narrative of innovation, foresight, and adaptability in the dynamic realm of digital assets.
NASDAQ:MSTRLong
by DEXWireNews
MicroStrategy Buys $615 Million Worth of Bitcoin, $50,000 Soon?With the recent purchase, MicroStrategy's total Bitcoin worth on balance sheet has reached a staggering $6 billion. As the Bitcoin ( CRYPTOCAP:BTC ) price managed to contain its losses to $42,00 after a sell-off earlier today, big players are making the most of the dip. In the latest announcement, MicroStrategy Chairman Michael Saylor declared that his firm has made a fresh purchase of $615 million worth of Bitcoins. MicroStrategy Buys 14,000+ Bitcoins In a recent announcement, MicroStrategy Chairman Michael Saylor revealed the acquisition of an additional 14,620 BTC for approximately $615.7 million. The average purchase price per Bitcoin stood at $42,110. As of December 26, 2023, MicroStrategy’s total Bitcoin holdings reached 189,150 BTC, acquired for around $5.9 billion. The average cost per Bitcoin in this extensive holding stands at $31,168. This move reaffirms MicroStrategy’s commitment to Bitcoin as a strategic part of its treasury reserve. Everyone in the crypto community is awaiting the launch of the first spot Bitcoin ETF in the US. As per the tentative schedule, this shall happen by January 10 i.e. within a fortnight. When asked about the potential negative impact of an ETF launch on MSTR, Saylor asserted that MicroStrategy stands apart due to its status as an operating company, unlike ETFs that are unleveraged and charge fees. He underscored MicroStrategy’s ability to generate additional BTC through profit and loss (P&L) or capital markets operations. Using an analogy, Saylor likened MicroStrategy to an airline, highlighting its unique position compared to ETFs, which he compared to shipping lines. In essence, he suggested that MicroStrategy offers higher performance and leverage without associated fees. BTC Price to $50,000? The Bitcoin price has recovered to $43,000 at press time after facing a major drop earlier today. Currently, Bitcoin has been oscillating in the tight range of $42,000-$44,000. Breaking the upper resistance, the BTC price could make a move into the zone of $47,000-$50,000.
NASDAQ:MSTRLong
by DEXWireNews
Buy MicroStrategy Stock With BTC, Blockstream CEO Adam Back SaysBlockstream CEO, Adam Back revealed that based on the current performance of MicroStrategy and Bitcoin, buying seem a good idea. Blockstream co-founder and CEO Adam Back has reiterated the fact that many experts are beginning to take cognizance of MicroStrategy Inc.’s constantly increasing Bitcoin per share. Based on this, he advised that investors to buy MicroStrategy stock with Bitcoin. MicroStrategy is Winning Back’s X post came as a reaction to an earlier insight from Ecoinometrics which pointed out that the business intelligence and software firm is winning as it relates to a chart showing MSTR’s stock price performance concerning the current performance of flagship cryptocurrency Bitcoin. The attention that MicroStrategy is getting presently does not come as a surprise especially as the firm has been raking in more Bitcoin in line with its Treasury Reserve Allocation policy. A few days ago, the Bitcoin-friendly firm purchased of 16,130 BTC at approximately $593.3 million. Each unit of the new Bitcoin acquisition had an average price of $36,785. Markedly, the purchase brought the current Bitcoin holding of MicroStrategy to a total of 174,530 BTC, considering that the firm had earlier bought 155 units of Bitcoin for $5.3 million as announced in November. As of November 29, MicroStrategy’s Bitcoin portfolio holds as much as 174,530 units of BTC valued at approximately $5.28 billion at an average price of $30,252 per Bitcoin. With the current price of Bitcoin at $41,875.79, the firm is in a major profit on its stack. MSTR vs Bitcoin Performance Bitcoin has been on a positive momentum for the last few weeks, driven by some events including the evolving anticipation for spot Bitcoin ETF approval from the United States SEC and the Federal Reserve’s decision to suspend interest rate hikes. The leading cryptocurrency is stealthily approaching $40,000 and inching towards a new high for 2023. With its price of $38,792.97, the coin is now up 11% for the month With the volume of BTC that MicroStrategy owns, the current market situation places the firm in an impressive position with profit enough to cover the senior convertible notes debt it has accrued as some of its BTC assets were purchased with the credit. In addition, MicroStrategy’s (NASDAQ: MSTR) is equally performing outstandingly well in the market. According to data from MarketWatch, the stock price is now valued at $529.98 with a 0.44% per its close on Friday. This improvement is another indication that Michael Saylor’s Bitcoin strategy is a good choice. By a large margin, the coin’s stock has outperformed its peers since it adopted its Bitcoin strategy. Technical Analysis MSTR is trading near the top of its 52-week range and above its 200-day simple moving average. Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:MSTRLong
by DEXWireNews
Shorting Bitcoin via MSTRIf one wants to hedge against the current ETF inspired rally in Bitcoin without selling their Bitcoin a good candidate to 'short' would be MSTR (Microstrategy). The stock is "hard to borrow" meaning it is difficult to short the shares but the options chain is relatively liquid enough to accomplish the bearish thesis. Technically, both Bitcoin and MSTR are hitting major Weekly Resistances today at the same time. Bitcoin is hitting its COVID low > ATH 50% Retracement level at 36439 while MSTR its November 2021 > May 2022 trend 50% Retracement at 512.73. Expressing the trade with Puts is not only perhaps the only way for most traders to do so but also advantageous with the current Implied volatility being "low" relative to the last year. This means that if the trade goes in favor of the position IV should rise and add to the profitability.
NASDAQ:MSTRShort
by norok
3
MSTR Evening Star Poses Whipsaw Risk"Evening stars" are not as reliable as they used to be. They occur after heavy speculation and a steep angle of ascent. A few days ahead of earnings, NASDAQ:MSTR could not break through the resistance above. The Gap up was HFT driven. This stock has a lot of retail interest at the moment, with every eye on AI. But the selloff from last quarter's reporting season is creating resistance on the daily scales. It is a very pricey stock for this market condition and the emotional state of most investors. MSTR is likely to gap on earnings news as there are leaks out that it is going to be a blockbuster earnings report.
NASDAQ:MSTR
by MarthaStokesCMT-TechniTrader
Wall Street Bulls Look Optimistic About MicroStrategy (MSTR)MicroStrategy currently has an average brokerage recommendation (ABR) of 1.60, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by five brokerage firms. An ABR of 1.60 approximates between Strong Buy and Buy. While the ABR calls for buying MicroStrategy, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation. This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
NASDAQ:MSTRLong
by DEXWireNews
MSTR MicroStrategy Puts and the Cryptocurrency LandscapeIf you haven`t sold MSTR here: Then you need to understand the recent crypto landscape: Binance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws. The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community. Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative guidance from Congress. The original lawsuit, filed in June, accused Binance of unlawfully listing unregistered securities. Historically, the actions of whales have been instrumental in shaping the price movements of Bitcoin and the broader cryptocurrency market. Non-whale addresses, those holding less than 100 BTC, now account for over 41% of the total Bitcoin supply. Meanwhile, whales, entities holding between 100 and 100,000 BTC, have witnessed a decline in their collective holdings to 55.5%, marking their lowest ownership level since May. The decrease in whale holdings could signal a potential change in the market's dynamics, potentially leading to increased volatility and uncertainty. These developments collectively cast a shadow over the cryptocurrency market's near-term prospects. In this context, I`m considering the following puts for MSTR MicroStrategy: 2023-10-20 expiration date $307.50 strike price $12.60 premium Looking forward to read your opinion about it!
NASDAQ:MSTRShort
by TopgOptions
MSTR next FTX bubble MicroStrategy owns 152,800 BTC bought for $4.53 billion.The company has $2.2 billion of debt issued by MicroStrategy, the parent company, consisting of $500 million of 6.125% senior secured notes due 2028 (the “secured notes”) and two series of convertible notes, one maturing in 2025 and the other in 2027 (together, the “convertible notes”). The secured notes are guaranteed by MicroStrategy’s subsidiaries (other than MacroStrategy and its subsidiaries) and are secured by substantially all of MicroStrategy’s assets, which include its software business and, as of Sept. 30, 2022, a total of 14,890 bitcoin. Although MacroStrategy and its subsidiaries are technically restricted subsidiaries under MicroStrategy’s secured notes, in many ways they have the freedom of an unrestricted subsidiary, including their ability to incur debt secured by their bitcoin holdings.MacroStrategy is carved out from the limitations of the debt covenant, so it can incur unlimited debt. In addition, any crypto assets held by MacroStrategy at the time the secured notes were issued are carved out of the liens covenant; as a result, MacroStrategy may incur unlimited debt secured by the bitcoin that it held on the date the secured notes were issued. The fact is that FTX and Alameda were created by one person - Sam Bankman-Freed. And from the very beginning, Alameda served as a liquidity provider on FTX. Alameda wallets interacted with FTX even before the launch in May 2019 and apart from other addresses, it was the only clearly identifiable counterparty. In 2020, the chief engineer of the FTX crypto exchange made secret changes to the exchange software. They allowed Alameda Research, owned by Sam Bankman-Fried, to continue to borrow funds from FTX regardless of the value of the collateral. Weller said the prospect of such a fund coming to market after about a decade of trying by a number of issuers could pose a "big risk" for MicroStrategy. “Many investors are buying MicroStrategy shares as a widely available proxy to gain exposure to bitcoin,” he said. “But if a simple, low-fee alternative emerges, much of the current demand for the stock could dry up, leaving a costly, slow-growing operating company to manage a cumbersome, unstable balance sheet.” The Spot Bitcoin ETF, if approved, “won’t offer the same leverage returns as MicroStrategy,” Saylor said during the company’s Aug. 1 earnings announcement. However, he acknowledged that a subset of institutional investors would choose Bitcoin ETFs to participate in this space. I'll draw an analogy. Think of the rest yourself. The debtor company has doubled its capital. This is Carl's air, emptiness! Bitcoin-ETF no longer needs an intermediary in the form of this company, which can repeat the fate of FTX. Half of the Bitcoins will have to be sold on the market if the Bitcoin ETF spot is approved, because 2.2 billion debts and unlimited lending to yourself may end. Even now, investors will have a reason to doubt Michael Saylor and withdraw their funds, which will deprive the company of reliability. Will he repeat the fate of Sam? Time will show.
NASDAQ:MSTRShort
by almatradebusiness
1
MicroStrategy Coiled: Are Bitcoin Bulls Ready for $35,000 in AugMicroStrategy Incorporated provides enterprise analytics software and services in the United States, Canada, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy, an enterprise analytics software platform that enables users to create visualizations, customize apps, and embed analytics directly into workflows; and MicroStrategy Cloud Environment, a managed software-as-a-service solution, which offers always-on threat monitoring and enables rapid analytics development and deployment to deliver security and data privacy requirements. The company also provides MicroStrategy Support that helps customers to achieve their system availability
NASDAQ:MSTRLong
by noam_chom