889.00 +40.46 (4.77%)
After hours: 7:59PM EDT
|Bid||882.10 x 1300|
|Ask||891.00 x 900|
|Day's range||736.71 - 869.99|
|52-week range||109.64 - 1,315.00|
|Beta (5Y monthly)||1.45|
|PE ratio (TTM)||N/A|
|Earnings date||26 Apr 2021 - 30 Apr 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||698.75|
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.
HSBC has banned customers of its online share-trading platform from buying or moving into their accounts MicroStrategy Inc stock, a message seen by Reuters showed, calling it a "virtual currency product". The bank will not facilitate the buying or exchange of products related to or referencing the performance of virtual currencies, the message to an HSBC InvestDirect client said. Bitcoin is the largest and best-known virtual currency.
Shares of the world's largest publicly-traded business intelligence company were up nearly 4% at $738 in premarket trade. Bitcoin, the world's biggest and best-known cryptocurrency, rose above $60,000 to approach record highs on the weekend, breaking out of a two-week tight range and propelled by talk of constrained new supplies against evidence of wider adoption. MicroStrategy said directors' fees will be converted from U.S. dollar to bitcoin by a payment processor at the time of payment.