Strategy overstated bitcoin strategy profitability, understated volatility and ASU 2023-08 risks, rendering its public statements false and misleading.
As more companies with a crypto-treasury strategy have seen the premium of their shares to their crypto holdings narrow — or even turn into a discount — some investors are wondering whether now is a good time to buy in.
The Strategy stock price continues to plunge this month and has now fallen to the lowest level since April this year. It has moved into a deep bear market after falling by 35 percent from its highest level this year.
Across the past several trading sessions, a wise investment strategy would have been to avoid shares of Strategy Inc. (MSTR -7.14%). The institutional Bitcoin investor's stock was off by almost 13%, according to data compiled by S&P Global Market Intelligence, on weakness in its core asset.
The three crypto related stocks in this analysis all look as if they are trying to go higher in premarket trading, as the Bitcoin market woke up a bit in the Asian session. At this point, we are likely to see buying.
Kostenlos registrieren
aktien.guide ist das Tool zum einfachen Finden, Analysieren und Beobachten von Aktien. Lerne von erfolgreichen Investoren und triff fundierte Anlageentscheidungen. Wir machen Dich zum selbstbestimmten Investor.