MicroStrategy's Bitcoin Investments Fuel Shares to New Highs
TL;DR Summary
MicroStrategy's shares have surged over 170% this year, fueled by Bitcoin's rally, causing significant losses for short sellers. The company's recent purchase of more Bitcoin has further boosted its stock, leading to increased price targets from Wall Street analysts. With a high float and potential for a short squeeze, the stock remains attractive for investors seeking exposure to Bitcoin.
- MicroStrategy Burns Shorts Sellers as Shares Rally With Bitcoin Yahoo Finance
- MicroStrategy shares up 180% this year after debt sale to buy more bitcoin spurs latest rally CNBC
- MicroStrategy ‘Not Resting on Its Laurels’ as Bitcoin Hits All-Time High: Canaccord CoinDesk
- MicroStrategy once again holds more bitcoin than BlackRock's IBIT — for now Blockworks
- MicroStrategy (NASDAQ:MSTR) Adds 12K More Bitcoin to Its Stash - TipRanks.com TipRanks
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