MicroStrategy’s stock is set to snap the longest losing streak it’s seen in a year after adding another bullish analyst on bitcoin to its camp.

MicroStrategy Inc. (MSTR) shares edged up 1% in pre-market trade on Wednesday after analysts at Mizuho initiated coverage for the Bitcoin (BTC) proxy with an ‘Outperform’ rating. According to TheFly,

The largest of the U.S. preferred stock ETFs is the BlackRock iShares Preferred and Income Securities ETF (PFF), which has roughly $15 billion in assets under management. The largest holders of PFF ETF are major corporations such as Boeing (BA), Wells Fargo (WFC) and Citi Group (C).

MicroStrategy was born a software company, but at this point it's best known for its massive bitcoin holdings — and it may be changing its name to reflect as much.

In a little less than three months, MicroStrategy has spent nearly half of its three-year, $42 billion capital plan to buy bitcoin.

Learn more about whether MicroStrategy Incorporated or Palo Alto Networks, Inc. is a better investment based on AAII's A+ Investor grades, which compare both companies' key financial metrics.

MicroStrategy’s unique Bitcoin strategy offers massive long-term potential but comes with extreme volatility, making it speculative and risky for most investors. Read more here.

MicroStrategy Inc. bought Bitcoin for a 12th consecutive week and unveiled details for the sale of perpetual preferred stock to help finance additional purchases of the cryptocurrency.

New rules could tax unrealized gains on bitcoin holdings at large companies.

MicroStrategy's levered Bitcoin strategy has yielded positive returns but carries high risk due to Bitcoin's volatility; See why I rate it a Buy.

MicroStrategy (MSTR) brought its bitcoin holdings to 471,107 following another week of accumulating tokens. Alongside, the company announced a preferred share offering of roughly $250 million as it opened up a new front to raise money to purchase even more BTC.

Bitcoin bonds” offer insurers a less risky way to purchase cryptocurrency.