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. [...]