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Bitcoin lifts crypto stocks, Meta sinks, Spotify soars, Rubrik IPOs

Plus, Bill Gates and Sam Altman invest in nuclear power and a financial adviser says you should, too

Insider Selling: MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Sells $962,165 80 in Stock

MicroStrategy Incorporated (NASDAQ:MSTR – Get Free Report) Chairman Michael J. Saylor sold 719 shares of the company’s stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $1,338.20, for a total value of $962,165.80. Following the transaction, the chairman now owns 719 shares in the company, […]

MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark

MicroStrategy could boost earnings by over $3 billion if it chooses to adopt new standards, the report said. Benchmark said if the company reports positive earnings it meets the final condition for S&P 500 inclusion. This would boost MicroStrategy’s valuation as index funds would be forced to buy the stock, the broker said.

Governments hold a surprising amount of Bitcoin

Known Bitcoin reserves held by governments account for 2.7% of the total 21 million supply of bitcoins, with the largest being the US at the time of writing.

MicroStrategy s (MSTR) Buy Rating Reiterated at Benchmark

MicroStrategy (NASDAQ:MSTR – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Benchmark in a research report issued to clients and investors on Thursday, Benzinga reports. They presently have a $1,875.00 target price on the software maker’s stock. Benchmark’s price objective points to a potential upside of 50.93% from the […]

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