Reported about 9 hours ago
TD Cowen analyst Lance Vitanza reaffirmed a Buy rating on MicroStrategy (NASDAQ:MSTR), setting a price target of $590, after the company acquired 10,100 Bitcoins for approximately $1.05 billion. With this latest purchase, MicroStrategy's total Bitcoin holdings amount to 592,100 coins, representing about 2.8% of the total Bitcoin supply and valued collectively at over $63 billion.
Source: YAHOO