Brokerage Canaccord cut its price target for MicroStrategy to $1,590 from $1,810 while maintaining its buy rating. The stock fell 2.5% to $1,261 in after-hours trading.
The company bought more bitcoins in Quarter 1 and now owns a total of 214,400 bitcoins worth about $13.60 billion, the report said.
Canaccord cuts its price target for MicroStrategy to $1,590 from $1,810
2024-04-30 08:31:08
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