Massive Bitcoin Holder MicroStrategy Retreats From Highs, Is It Time To Buy, Sell Or Hold?

Blockhead12-03

MicroStrategy (MSTR) is the largest corporate holder of bitcoin, and continues to pad its coffers. Therefore, the stock's price often moves with the price of the cryptocurrency. So, with bitcoin off ...

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So, with bitcoin off ...</p>\n\n<a href=\"https://www.investors.com/research/microstrategy-stock-mstr-bitcoin-cryptocurrency/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Massive Bitcoin Holder MicroStrategy Retreats From Highs, Is It Time To Buy, Sell Or Hold?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMassive Bitcoin Holder MicroStrategy Retreats From Highs, Is It Time To Buy, Sell Or Hold?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-03 22:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/research/microstrategy-stock-mstr-bitcoin-cryptocurrency/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MicroStrategy (MSTR) is the largest corporate holder of bitcoin, and continues to pad its coffers. Therefore, the stock's price often moves with the price of the cryptocurrency. So, with bitcoin off ...</p>\n\n<a href=\"https://www.investors.com/research/microstrategy-stock-mstr-bitcoin-cryptocurrency/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09008","symbol_name":"博时比特币-U","start_time":0,"source_url":"https://www.investors.com/research/microstrategy-stock-mstr-bitcoin-cryptocurrency/","article_id":"2488498809","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2024/12/Stock-microstrategy-02-shutt-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488498809","pubTimestamp":1733237421,"columns":[],"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"MicroStrategy stock pulled back after a steep climb along with the rise in bitcoin. With its recent drop, is it time to buy, sell or hold?","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","09008":"博时比特币-U","BK1611":"加密货币现货ETF","BK4601":"加密货币现货ETF","BK4600":"加密货币概念","03008":"博时比特币","03439":"嘉实比特币","BK4596":"哈里斯概念","09439":"嘉实比特币-U","MSTR":"MicroStrategy","BK4595":"比特币概念","09042":"华夏比特币-U","BK4516":"特朗普概念","BK4588":"碎股","03042":"华夏比特币","MSTR.AU":"MORNINGSTAR INTL SHARES ACT","BK4023":"应用软件","BK4594":"比特币ETF概念","BK4585":"ETF&股票定投概念"},"translate_title":"大量比特币持有者MicroStrategy高位回落，是时候买入、卖出还是持有了？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"03042":1,"MSTR.AU":1,"MSTR":1,"09439":1,"09042":1,"09008":1,"03439":1,"03008":1},"content_text":"MicroStrategy (MSTR) is the largest corporate holder of bitcoin, and continues to pad its coffers. Therefore, the stock's price often moves with the price of the cryptocurrency. So, with bitcoin off highs, is MicroStrategy stock a buy, sell or hold?\nBitcoin prices soared to nearly $100,000 in late November following Donald Trump's presidential election win. Following the cryptocurrency's climb, MicroStrategy stock also bolted to new highs.\nThe president-elect is seen as cryptocurrency-friendly and vows to hold onto the country's bitcoins. Currently, the U.S. government owns over 207,000 bitcoins, mostly seized from criminal activities. Trump even spoke at the largest bitcoin conference in July in Nashville, Tenn., claiming that America would be \"the crypto capital of the planet and bitcoin superpower of the world.\"\n\n\n\n↑\nX\n\n\n\n\nDonald Trump Wins 2024 Election: What It Means For Market Trends, Tesla Stock And Cryptocurrency Prices\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nDonald Trump Wins 2024 Election: What It Means For Market Trends, Tesla Stock And Cryptocurrency Prices\n\n\n\n\nMicroStrategy can't seem to get enough of the cryptocurrency. It added another 15,400 bitcoins with a $1.5 billion price tag last week. This is part of its $13.5 billion bitcoin purchases since Oct. 31, according to The Wall Street Journal. That puts its holdings at 402,100 bitcoins with a current value over $38 billion.\nThe company announced its goal of raising $42 billion of capital over the next three years in its third-quarter earnings release on Oct. 30.\nDespite the connection to bitcoin, MicroStrategy is primarily a data analytics and security software provider. It uses artificial intelligence in its reporting tools, interactive dashboards and platform. It serves the retail, financial services, government and health care industries.\nMicroStrategy Stock Follows Bitcoin Prices\nMicroStrategy stock has been volatile since the election. MicroStrategy stock is extended from a long, late-stage irregular base with a 200 buy point.\nThe stock hit an all-time high Nov. 21, before reversing to close 16.2% lower the same day in heavy volume. The steep turnabout came after Citron Research wrote in a post on X that it shorted the stock as a hedge on shares it owns. The stock is trying to stabilize after the plunge.\nMicroStrategy stock holds a best-possible 99 Relative Strength Rating. The stock climbed 58% in November and around 500% so far this year.\nOn Aug. 7, the stock had a 10-for-1 split.\n\nMicroStrategy Losses Dwindle\nThe data analytics company reported its third-quarter results on Oct. 30. It posted a loss of $1.56 per share, mainly from fair market adjustments of its digital asset holdings.\nBut its Q3 revenue also suffered, with a 10% drop vs. the prior year's quarter. The company's sales have declined for six out of the last eight quarters.\nAnalysts expect continued — but narrower — losses over the next four quarters. Sales forecasts range from a 1% drop in the current quarter to modest increases of 1% to 3% the next three quarters.\nIts Accumulation/Distribution Rating of A- indicates fairly heavy institutional buying over the last 13 weeks. Mutual funds have added shares for the last seven quarters.\nIs MicroStrategy Stock A Buy, Sell Or Hold?\nThe bottom line: MicroStrategy stock is not in a buy zone, so it is currently not a buy. Investors should wait for a new base to form.\nBut if you own it, as always, have your risk management strategy in place and be ready to sell if the stock goes 7% below your buy point. With the stock's rapid run-up, it would be prudent to take some profits if you still had some after the late-November drop.\nInvestors can check out IBD Stock Lists and other IBD content to find dozens of the best stocks in addition to MicroStrategy.\nFollow Kimberley Koenig for more stock market news on X/Twitter @IBD_KKoenig.\nYOU MAY ALSO LIKE:\nIBD 50 Bitcoin Play Tops Buy Zone As Trump Favors Crypto | Stocks To Watch\nThis Software Works On Mars; See You Up There, Elon | Stocks To Watch\nCathie Wood Biotech Holding, An IBD 50 Pick, Offers Buy Point | Stocks To Watch\nLooking For Market Insights? Check Out Our Live Daily Segment | Stocks To Watch\nIs ExxonMobil Stock A Buy After Trump Bump? | Stocks To Watch","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2488498809"}