Reported 2 days ago
MicroStrategy has seen its stock price surge 513% this year, significantly outstripping Bitcoin's 117% gain. Co-founder Michael Saylor attributes this impressive performance to the company's aggressive strategy, which involves leveraging Bitcoin purchases through stock and debt offerings. With a market cap of $87 billion, MicroStrategy's value far exceeds the worth of its Bitcoin holdings, prompting analysts to debate the sustainability of this growth amid potential skepticism.
Source: YAHOO