MicroStrategy Market Cap Hits $104.5 Billion on 29.5% Annual Gain
Key Points
- MicroStrategy has transformed into a Bitcoin-focused company...
When Michael Saylor decided to turn MicroStrategy into essentially a Bitcoin ETF with a day job, he probably didn't expect his company to become a $104.5 billion teaching moment about the fine line between genius and madness. Yet here we are, watching a software company ride Bitcoin's waves like a surfer who forgot to check the tide schedule.
The Tale of Two Investment Philosophies
MicroStrategy's 29.5% year-to-date surge has been nothing short of spectacular, assuming you enjoy the kind of thrills usually reserved for extreme sports. The company now holds more Bitcoin than it generates ...
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