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0.000586037652919292 -7.32547066148334E-05 0.0018313676653725 0.00175811295875767 0.00175811295875767 -0.000146509413229667 0.00102629843967488 0.00102629843967488
Stock impact report

Strategy (MSTR) Extends $1.57 Billion for Additional Bitcoin [Yahoo! Finance]

Strategy Inc - Class A (MSTR) 
Last strategy inc - class a earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.microstrategy.com
Company Research Source: Yahoo! Finance
On March 16, Strategy Inc. (NASDAQ:MSTR) provided an update on its bitcoin holdings in a regulatory filing. The company reported that between March 9 and March 15, it purchased 22,337 units of the virtual currency at an average price of $70,194 per unit, or around $1.57 billion. As of March 15, the company owns 761,068 units of the virtual currency, purchased for about $57.61 billion. On March 4, Clear Street reduced the firm's price target on Strategy Inc. (NASDAQ:MSTR) to $198 from $268. The firm maintained its Buy rating on the shares, which still offer a potential upside of almost 32% at the prevailing level. Clear Street cited persistently lower Bitcoin prices and more conservative yield assumptions for the price target cut. Despite this, the firm remains constructive on the company, highlighting its strong positioning in the digital asset space. The firm also sees potential upside from regulatory developments and expects bitcoin stabilization to support a recovery in the sh Show less Read more
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