Reported about 22 hours ago
MicroStrategy, primarily known for its enterprise software, has significantly transformed into a Bitcoin-centric company under co-founder Michael Saylor, having converted most cash reserves into Bitcoin. Currently holding about 423,650 bitcoins valued around $42.4 billion, nearly half of its $90.4 billion market cap, investors are advised to closely watch the company's share count due to the dilutive effects of extensive new stock issuance. As MicroStrategy continues buying Bitcoin and increasing debt, this might impact overall shareholder returns in the long run.
Source: YAHOO