Shares of MicroStrategy Inc. (NASDAQ:MSTR) dropped by 4.08% following the company's announcement to issue more shares to finance additional Bitcoin (CRYPTO: BTC) acquisitions. This move aligns with MicroStrategy's ongoing strategy to bolster its Bitcoin reserves.
What Happened: MicroStrategy's recent filing with the U.S. Securities and Exchange Commission (SEC) aims to expand the authorized number of Class A common stock from 330 million to 10.33 billion units and preferred stock from 5 million to over 1 billion units. This move underscores the company's transition from a software enterprise to a major Bitcoin investor.
The company recently acquired $561 million worth of Bitcoin, marking its seventh consecutive week of purchases, with total holdings now estimated at $40 billion. Despite Bitcoin's 135% increase this year, market volatility is expected as $43 billion in Bitcoin and Ether derivatives are due to expire on Friday.
Meanwhile, Bitcoin Thursday during pre-market hours was trading at $95,621.41. The cryptocurrency briefly hit an intraday peak of $99,876.70. A broader cryptocurrency index, which includes tokens such as Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and Dogecoin (CRYPTO: DOGE), also experienced a minor recovery, rising by 0.2%.
Why It Matters: MicroStrategy's decision to issue more shares comes on the heels of its recent inclusion in the Nasdaq 100, which has not been without challenges. The company's stock fell over 8.5% on its debut in the index, marking a difficult start to its tenure. Over the past month, MicroStrategy's stock has plunged more than 37% from its all-time high, reflecting investor concerns over its aggressive Bitcoin strategy. The company's recent sale of $561 million in common stock to purchase an additional 5,262 Bitcoins at an average price of $106,662 per coin has further intensified scrutiny.
The latest analyst ratings for MicroStrategy Inc were issued by Bernstein on Dec.12, and by both TD Cowen and Barclays on Nov. 25. These analysts, tracked by Benzinga, have set an average price target of $546.67, suggesting a potential upside of 58.01% for the stock.
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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
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MicroStrategy（納斯達克股票代碼：MSTR）宣佈發行更多股票以資助更多比特幣（加密貨幣：BTC）的收購後，其股價下跌了4.08％。此舉符合微策略持續增加其比特幣儲備的戰略。
發生了什麼：MicroStrategy最近向美國證券交易委員會（SEC）提交的文件旨在將A類普通股的授權數量從33000萬股擴大到103.3億股，將優先股的授權數量從500萬擴大到超過10億股。此舉凸顯了該公司從軟體企業向主要比特幣投資者的過渡。
該公司最近收購了價值5.61億美元的比特幣，這是其連續第七週收購，目前總持有量估計爲400億美元。儘管比特幣今年上漲了135％，但由於430億美元的比特幣和以太幣衍生品將於週五到期，預計市場將出現波動。
同時，比特幣週四盤前交易價格爲95,621.41美元。該加密貨幣短暫觸及盤中峯值99,876.70美元。更廣泛的加密貨幣指數，包括以太幣（加密貨幣：ETH）、索拉納（加密貨幣：SOL）和狗狗幣（加密貨幣：DOGE）等代幣，也經歷了小幅回升，上漲了0.2％。
爲何重要：MicroStrategy決定發行更多股票是在其最近被納入納斯達克100指數之後做出的，納斯達克100指數並非沒有受到挑戰。該公司的股票在該指數中首次亮相時下跌了8.5％以上，這標誌着其任期的艱難開端。在過去的一個月中，MicroStrategy的股票已從歷史最高水平下跌了37％以上，這反映了投資者對其激進的比特幣策略的擔憂。該公司最近出售了5.61億美元的普通股，以每枚硬幣106,662美元的平均價格額外購買了5,262枚比特幣，這進一步加強了審查。
伯恩斯坦於12月12日發佈了微策略公司的最新分析師評級，道明考恩和巴克萊銀行於11月25日發佈了微策略公司的最新分析師評級。本辛加追蹤的這些分析師將平均目標股價設定爲546.67美元，這表明該股的潛在上漲空間爲58.01％。
免責聲明：該內容部分是在Benzinga Neuro的幫助下製作的，並由Benzinga編輯審查和發佈。
圖片來自 Shutterstock
