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Shorters Pile in on MSTR: Citron Research Warns Microstrategy’s Bull Run Could Burst

Shorters Pile in on MSTR: Citron Research Warns Microstrategy’s Bull Run Could BurstMicrostrategy shares have jumped 171% in just six months, drawing both admiration and skepticism. While MSTR stock trades at a premium, critics and short-sellers argue the company is deep in bubble territory. MSTR Rally Sparks Skepticism, Renowned Shorter Say Stock Is ‘Overheated’ Bitcoin’s meteoric rise has turned out to be a windfall for Microstrategy (Nasdaq: […]

Fears of Price Hikes Fuel Bulgarian Euro Protests

Microstrategy Founder Michael Saylor to Argentines: ‘You Need Bitcoin’ — Critics Insist BTC Is Too Volatile

Microstrategy Founder Michael Saylor to Argentines: ‘You Need Bitcoin’ — Critics Insist BTC Is Too VolatileMicheal Saylor, the founder of Microstrategy, has told people living in inflation-stricken Argentina that they now “need bitcoin.” While many bitcoiners have welcomed Saylor’s suggestion, a few critics have said the top crypto asset’s volatility makes it an unsuitable alternative for the faltering local currency. The Dollarization Option As the Argentinian currency — the peso […]

Fears of Price Hikes Fuel Bulgarian Euro Protests

The Multi-Billion Dollar Cache: Microstrategy Purchases $15M Worth of Bitcoin, Firm’s Stash Jumps to 91,579 BTC

The Multi-Billion Dollar Cache: Microstrategy Purchases M Worth of Bitcoin, Firm’s Stash Jumps to 91,579 BTCThe publicly listed firm Microstrategy purchased more bitcoin according to a tweet from the company’s chief executive officer Michael Saylor and a recent Securities and Exchange Commission (SEC) filing. The firm spent $15 million in cash and now holds 91,579 bitcoin in the company’s reserves. Business Intelligence Firm Microstrategy Continues to Stack Bitcoin Month after […]

Fears of Price Hikes Fuel Bulgarian Euro Protests