Cathedra Bitcoin cools off mining to tap MicroStrategy playbook
Cathedra Bitcoin said Bitcoin mining simply hasn’t provided enough shareholder value on a Bitcoin basis over the last three years, which prompted a change in strategy. [...]
Big shorters are betting $6.9B against MicroStrategy stocks
Short-sellers have wavered this year as MTSR skyrocketed 469% over the past six months, though a few major institutions are holding out hope for a correction. [...]
MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues
MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account. [...]
This is an ideal entry point to buy bitcoin: MicroStrategy CEO Michael Saylor
MicroStrategy CEO Michael Saylor joins ‘Squawk on the Street’ to discuss MicroStrategy’s position in bitcoin and why he thinks now is the ideal entry point for investors. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to [...]