{"id":320,"date":"2024-09-26T17:46:42","date_gmt":"2024-09-26T17:46:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=320"},"modified":"2024-09-26T17:46:42","modified_gmt":"2024-09-26T17:46:42","slug":"whats-going-on-with-microstrategy-stock","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=320","title":{"rendered":"What&#8217;s Going On With MicroStrategy Stock?"},"content":{"rendered":"<div>\n<p><strong>MicroStrategy Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) shares are trading higher Thursday as the price of <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/41050565\/bitcoin-shines-as-hedge-against-major-geopolitical-events-says-research-firm\">crossed the $65,000 level.<\/a> <\/p>\n<p><strong>What To Know:<\/strong> <\/p>\n<p>Bitcoin has climbed following last week\u2019s 50-basis point rate cut, and analysts at Bernstein also pointed to record-high gold prices <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/40989601\/5-reasons-why-bitcoin-rallied-10-in-7-days-to-63k-bernstein\">bolstering Bitcoin<\/a> as an alternative asset. <\/p>\n<p>\u201cAny signal of loose monetary policy and potentially weaker dollar, is positive for Bitcoin,\u201d Bernstein noted. <\/p>\n<p>Bitcoin also functions a hedge as a hedge <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/08\/40440845\/bitcoin-ethereum-have-official-blessing-from-establishment-due-to-geopolitics-and-growing-\" target=\"_blank\" rel=\"noreferrer noopener\">against geopolitical uncertainty<\/a>, according to a report by financial services firm NYDIG, and investors may be considering the upcoming Presidential election and rising tensions in the Middle East. <\/p>\n<p><strong>What Else:<\/strong> <\/p>\n<p>On Monday, Microstrategy announced <a href=\"https:\/\/www.benzinga.com\/pressreleases\/24\/09\/b40955967\/microstrategy-completes-1-01-billion-offering-of-0-625-convertible-senior-notes-due-2028\">the completion<\/a> of its latest $1.01 billion offering of senior convertible notes due 2028. The &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/41053095\/whats-going-on-with-microstrategy-stock\" alt=\"What's\" going on with microstrategy stock>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy Inc. (NASDAQ:MSTR) shares are trading higher Thursday as the price of Bitcoin (CRYPTO: BTC) crossed the $65,000 level. What To Know: Bitcoin has climbed following last week\u2019s 50-basis point rate cut, and analysts at Bernstein also pointed to record-high gold prices bolstering Bitcoin as an alternative asset. \u201cAny signal of loose monetary policy and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-320","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=320"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/320\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}