MSTR May 2024 870.000 put
| Previous close | 8.19 |
| Open | 9.00 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 870.00 |
| Expiry date | 2024-05-17 |
| Day's range | 8.00 - 9.00 |
| Contract range | N/A |
| Volume | |
| Open interest | 24 |
Barrons.comMicroStrategy’s Steep Loss Was a Technicality. It Doesn’t Matter—Bitcoin Does.
MicroStrategy is essentially a leveraged bet on Bitcoin. Quirky crypto accounting just muddies the reality.
Barrons.comThese Stocks Are Moving the Most Today: Eli Lilly, 3M, McDonald’s, Tesla, MicroStrategy, Super Micro, Chegg, Coursera, and More
Eli Lilly tops earnings estimates and raises full-year guidance, 3M says it will ‘reset’ its dividend following the spinoff of Solventum, and Tesla shares fall after surging 15% on Monday. Amazon.com, AMD, and Super Micro Computer are scheduled to report earnings after the closing bell Tuesday.
CoinDeskMicroStrategy Now Holds $13.6B Worth of Bitcoin, 1% of Total Circulating Supply: Canaccord
Canaccord cut its price target for MicroStrategy to $1,590 from $1,810. MicroStrategy reported a first-quarter net operating loss of $53.1 million after taking a digital asset impairment charge of $191.6 million. MicroStrategy (MSTR) raised over $1.5 billion in the first quarter and used the proceeds to acquire an additional 25,250 bitcoin {{BTC}} and now owns 214,400 BTC worth around $13.6 billion, broker Canaccord Genuity said in a research report on Monday.
