Reported 26 days ago
MicroStrategy, a major player in enterprise analytics software and the largest corporate holder of Bitcoin, has seen its stock surge over 300% this year, prompting a 10-for-1 stock split. Despite its impressive gains, analysts predict that the company's stock may plunge by 50% or more in the next 12 months due to a significant overvaluation driven by its Bitcoin assets, unsustainable debt levels, and a stagnant software division. The stock's inflated market cap relative to its actual Bitcoin valuation raises concerns about being in a major bubble.
Source: YAHOO