|Bid||353.00 x 1400|
|Ask||365.00 x 1000|
|Day's range||319.01 - 373.00|
|52-week range||319.01 - 1,315.00|
|Beta (5Y monthly)||1.54|
|PE ratio (TTM)||N/A|
|Earnings date||01 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||800.33|
The largest corporate investors of Bitcoin may be starting to get the jitters as the asset plunges towards a critical price level, and their dollar cost average buy-in points.
Shares of MicroStrategy (NASDAQ: MSTR) plunged as much as 15.1% in trading on Monday as the value of Bitcoin (CRYPTO: BTC) plummeted. The big moves for MicroStrategy have been caused by Bitcoin because of the company's high exposure to the cryptocurrency. MicroStrategy had 114,042 bitcoin worth $2.406 billion on its balance sheet as of Sept. 30, 2021, with plans to buy even more.
By Dhirendra Tripathi