Previous close | 867.41 |
Open | 867.40 |
Bid | 772.00 |
Ask | 791.95 |
Strike | 510.00 |
Expiry date | 2025-01-17 |
Day's range | 867.40 - 867.41 |
Contract range | N/A |
Volume | |
Open interest | 133 |
MicroStrategy posts a first-quarter loss of $53.1 million after taking a large Bitcoin impairment charge in the period, and Tesla shares fall after surging 15% on Monday. Amazon.com, Eli Lilly, Coca-Cola, AMD, Super Micro Computer, and McDonald’s are scheduled to report earnings 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.
First Quarter Performance Highlighted by Revenue Decline and Increased Operating Expenses