Previous close | 109.30 |
Open | 108.70 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 1,060.00 |
Expiry date | 2024-06-21 |
Day's range | 108.70 - 109.30 |
Contract range | N/A |
Volume | |
Open interest | 5 |
MicroStrategy is essentially a leveraged bet on Bitcoin. Quirky crypto accounting just muddies the reality.
Eli Lilly tops earnings estimates and raises full-year guidance, 3M says it will ‘reset’ its dividend following the spinoff of Solventum, and Tesla shares fall after surging 15% on Monday. Amazon.com, AMD, and Super Micro Computer are scheduled to report earnings after the closing bell Tuesday.
Canaccord cut its price target for MicroStrategy to $1,590 from $1,810. MicroStrategy reported a first-quarter net operating loss of $53.1 million after taking a digital asset impairment charge of $191.6 million. MicroStrategy (MSTR) raised over $1.5 billion in the first quarter and used the proceeds to acquire an additional 25,250 bitcoin {{BTC}} and now owns 214,400 BTC worth around $13.6 billion, broker Canaccord Genuity said in a research report on Monday.