Bitcoin24h $108,714.96-1.92%

Ethereum24h $3,814.08-3.26%

BNB24h $1,077.87-3.56%

XRP24h $2.46-4.90%

Solana24h $184.36-6.77%

Dogecoin24h $0.1839-5.37%

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Cardano24h $0.6065-6.30%

Hyperliquid24h $44.98-7.35%

Chainlink24h $16.89-7.21%

Wall Street loves selling crypto treasury stocks

It’s difficult to explain the valuations of many crypto treasury companies trading on stock markets across the globe.

MicroStrategy director quietly dumps all his MSTR shares

MicroStrategy’s Carl Rickertsen sold over $10M this year, admitted zero ownership, and continued an uninterrupted series of insider sales.

Just as meme stock investors invented their own terms on Reddit, MicroStrategy investors have made their own, sometimes confusing, lexicon.

Jim Chanos believes that MicroStrategy’s multiple to its BTC holdings will erode over time. Michael Saylor disagrees.

Investors are criticizing Michael Saylor’s latest MicroStrategy preferred share, Stride (STRD), as essentially a high-risk “junk bond.”