MicroStrategy Incorporated (MSTR)
Chart Events
Performance Outlook
| Previous Close | 740.15 |
| Open | 707.10 |
| Bid | 696.00 x 800 |
| Ask | 699.00 x 1000 |
| Day's Range | 685.00 - 719.53 |
| 52 Week Range | 109.64 - 1,315.00 |
| Volume | 762,793 |
| Avg. Volume | 900,270 |
| Market Cap | 6.76B |
| Beta (5Y Monthly) | 1.45 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.78 |
| Earnings Date | Apr 26, 2021 - Apr 30, 2021 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 698.75 |
Fair Value
Related Research
- Barrons.com
A New Crypto ETF Is Here. You Wouldn’t Know It From the Name.
The U.S. has no Bitcoin exchange-traded funds, but the VanEck Vectors Digital Transformation ETF offers exposure to cryptocurrency-related businesses.
- Motley Fool
Here's Why MicroStrategy Stock Soared Today
Shares of MicroStrategy (NASDAQ: MSTR) soared today, likely because the price of Bitcoin (CRYPTO: BTC) is also soaring. MicroStrategy owns quite a few Bitcoins, so it benefits when the price is rising. MicroStrategy adopted a policy last year to primarily hold Bitcoins instead of cash.
- MarketWatch
MicroStrategy's stock surges, as bitcoin rallies toward a record
Shares of MicroStrategy Inc. shot up 7.8% in morning trading Tuesday, putting it on track for a fourth straight gain, boosted by the 5.1% jump in bitcoin toward a record close. The stock has jumped 18.0% amid the four-day win streak. The enterprise software company has been seen by investors as a bitcoin play, as the company said it uses the cryptocurrency as its primary treasury reserve asset, and has spent $2.23 billion to accumulate 91,579 bitcoins through April 5, at a average purchase price of $24,311 per bitcoin. On Monday, MicroStrategy disclosed that non-employee members of its board of directors will be paid their fees in bitcoin instead of cash. MicroStrategy's stock has soared 534.3% over the past 12 months, while bitcoin has run up 817.5% and the S&P 500 has gained 49.6%. The correlation coefficient between MicroStrategy's stock and bitcoin is 0.94 over the past year, but that has dropped to just 0.32 since the end of February, according to a MarketWatch analysis of FactSet data. Since reaching a 21-year closing high of $1,272.94 on Feb. 9, MicroStrategy's stock has tumbled 39.2% while bitcoin has hiked up 35.2%.
