MicroStrategy has purchased 2,530 BTC for $243 million, increasing its Bitcoin holdings to 450,000 BTC. Semler Scientific has also acquired 237 BTC, bringing its total

The consensus price target for MicroStrategy is just under $550 a share, 70% above its current level. The warning signs are clearly visible. F

Shares of MicroStrategy Inc. slumped again on Monday, after the software company and cryptocurrency play disclosed that it resumed bitcoin purchases at prices well above current levels. The company continued to lean on shareholders to fund the purchases, as it used the $243 million raised through the sale of common stock.

MicroStrategy bought bitcoin yet again, and it has no plans to slow down purchases anytime soon. The company also plans to raise $2 billion in capital over three years to fund more purchases.

MicroStrategy Inc. (NASDAQ: MSTR) has continued to attract significant market attention due to its strategic investments in Bitcoin and its evolving business mo

The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.

Key Takeaways Bitcoin briefly dropped below $90,000 early Monday, for the first time since November after a wild week of trading.Concerns around the Federal Reserve pulling back on rate cuts due to recent economic data may have made bitcoin investors nervous.

Shares of MicroStrategy Inc. (MSTR) fell in pre-market trading on Monday after Bitcoin (BTC) prices continued to slide in the run-up to President-elect Donald Trump’s inauguration scheduled for Jan. 20.