1516 ET -- MicroStrategy is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. The company said Monday that it bought about $5.4 billion of bitcoin between Nov. 18 and Nov. 24, its largest-ever bitcoin purchase. It now holds about 386,700 bitcoins valued at nearly $38 billion. TD Cowen, Barclays, Benchmark and Bernstein raised their price targets for MicroStrategy. Dow Jones & Co. owns Factiva. (josh.beckerman@wsj.com)
(END) Dow Jones Newswires
11-25-24 1534ET