Bernstein: Bitcoin Price Could Hit $200,000 Next Year And Then Head For $1,000,000 [Forbes]
![Forbes](../../../Content/images/providers/Forbes.png)
MicroStrategy Incorporated - Class A (MSTR)
Last microstrategy incorporated - class a earnings: 4/28 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.microstrategy.com
Company Research
Source: Forbes
The bullish prediction comes after Bernstein initiated coverage on software developer MicroStrategy, known as the largest corporate holder of Bitcoin, with an "outperform" rating. MicroStrategy currently holds approximately 1.1% of the global Bitcoin supply, valued at around $14.5 billion as of this writing. Over the past four years, the company has transitioned from an obscure software firm to one of the trailblazers in the cryptocurrency space, according to a Bernstein research report. Zooming out Bernstein's coverage of MicroStrategy is not so much an investment in MicroStrategy's fundamentals as it is a “leveraged” bet on bitcoin. “MicroStrategy positions itself as an active leveraged bitcoin strategy versus passive spot exchange-traded funds (ETFs),” the report said. Bernstein's optimistic outlook on Bitcoin's price banks on the unprecedented demand from spot ETFs and the limited supply of the cryptocurrency—which could drive Bitcoin to $500,000 by 2029, an increase fr
Show less
Read more
Impact Snapshot
Event Time:
MSTR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MSTR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MSTR alerts
High impacting MicroStrategy Incorporated - Class A news events
Weekly update
A roundup of the hottest topics
MSTR
News
- Billionaire Tech CEO Michael Dell Signals Bitcoin Interest Via Michael Saylor Retweet [Yahoo! Finance]Yahoo! Finance
- MicroStrategy Incorporated (NASDAQ: MSTR) had its price target raised by analysts at TD Cowen from $1,450.00 to $1,880.00. They now have a "buy" rating on the stock.MarketBeat
- Dow Jones Futures Fall As Nvidia, AI Stocks Extend Losses; Sarepta Surges [Yahoo! Finance]Yahoo! Finance
- Bitcoin Price Drops. MicroStrategy's Big Buy Isn't Helping. [MarketWatch]MarketWatch
- There are 'stark' generational differences in investing: Study Thu, Jun 20, 2024, 6:20 PM GMT+2 0 Video Transcript Advertisement Up next MicroStrategy Buys 11.9K More Bitcoin; SEC Ends Probe Into Consensys Thu, Jun 20, 2024, 5:50 PM GMT+2 0 AdvertisemenAcquire Media Monitor
MSTR
Earnings
- 11/1/23 - Miss
MSTR
Sec Filings
- 6/20/24 - Form 144
- 6/20/24 - Form 144
- 6/20/24 - Form 144
- MSTR's page on the SEC website