Michael Saylor: MicroStrategy shares rose 4% in pre-market trading

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Ji Jie Net news: MicroStrategy (MSTR) shares rose by about 4% in pre-market trading. The share-price increase was driven by comments from the company’s Executive Chairman Michael Saylor, who said that even if Bitcoin has no annual returns over the coming decades, the company’s Bitcoin plan can still work. In an interview on June 30, he said MicroStrategy will maintain sufficient interest coverage for the next 30 to 40 years, even if Bitcoin’s annual return rate is 0%. Saylor also said the company could extend this period to 40 or 50 years through financial decisions such as refinancing. He pushed back against the view that MicroStrategy depends on Bitcoin rising sharply every year, arguing that around 3% annual growth is enough to support the company’s operations. Although the market reacted positively to Saylor’s comments, chart analysts still disagree on MSTR’s future price action. Market analyst MCO Global said the stock may still be in a larger C-wave correction since the November 2024 peak.
MSTR0.77%
BTC0.28%
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MistBlueLily
· 5h ago
Delaying refinancing out to 50 years feels like a game of trading time for space.
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SentimentIndicatorHarvester
· 5h ago
A 3% year-over-year growth is enough to run operations—this leverage is playing pretty extreme.
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YieldBento
· 5h ago
A pre-market 4% move is a relatively mild reaction; the market is still watching and waiting.
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LendingRateAnxiety
· 5h ago
Is the C-wave correction not over yet? Is MCO Global bearish or range-bound?
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