Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
MicroStrategy, a company known for its Bitcoin investments, saw its stock slip from a 24-year high after announcing a convertible offering to buy more bitcoins. The offering is set to increase to $700 million, with Jim Cramer suggesting it may signal a market top.
Microstrategy, Inc. $MSTR 30-day option implied volatility is at 149 compared to its 52-week range of 55 to 164 as share price above $1245 #BTC https://t.co/RPFrNU14e7
NEW: Jim Cramer says MicroStrategy offering $600 million in convertible notes to buy more #Bitcoin is the sign of a top 👀😮 https://t.co/UcJLczI5YJ
NEW: MicroStrategy increases latest stock sale to $700 million, expects to close in days More #Bitcoin buy demand is incoming 🚀 https://t.co/YI81I5Jdbj
