Michael Saylor is the co-founder and chairman of MicroStrategy, a software development company that has strongly emphasized Bitcoin in recent years. The company began investing in Bitcoin in August 2020 and has consistently bought tokens since then. MicroStrategy has acquired more than 1% of the entire Bitcoin supply, with holdings worth more than $15 billion at current prices. Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how many people got started through this free
SPY, Riot Platforms, BlackRock, IBIT, Coinbase and MicroStrategy are part of the Zacks top Investment Ideas.
Stocks (^DJI, ^IXIC, ^GSPC) close Monday mixed as the Dow Jones Industrial Average slips further and the ISM's manufacturing Purchasing Mangers' Index (PMI) and GameStop's (GME) renewed meme rally throw markets for a loop. Market Domination Overtime Anchors Julie Hyman and Josh Lipton walk you through the market close, joined by Yahoo Finance's Head of News Myles Udland to make sense of GameStop's second stock spike in a month. Citron Research Founder Andrew Left also joins the show to expand upon why he is shorting the meme stock staple again after 2021's trading frenzy spurred by retail trader "Roaring Kitty" — the online username of Keith Gill — calling this phase of the meme trade "totally different" from the last This post was written by Luke Carberry Mogan.