Is Strategy Stock Yesterday's News?
Strategy (NASDAQ: MSTR) pulled off an incredible comeback by betting big on Bitcoin. The company, which was formerly known as "MicroStrategy," pivoted to investing heavily in Bitcoin in response to soft performance for its legacy software businesses.
Led by CEO Michael Saylor, the company pioneered the Bitcoin treasury strategy. By selling stock and issuing bonds, the crypto-investment specialist was able to raise funds that it then used to buy Bitcoin. Thanks to a stellar bull run for the market-leading cryptocurrency over the last five years, Strategy has been able to deliver fantastic returns for shareholders.
Image source: Getty Images.
Source Fool.com
Microstrateg.a New Aktie
137,90 €
-8,28 %
Deutliches Buy-Überwiegen bei Microstrateg.a New im Vergleich zu Sell-Einschätzungen.
Die Community erwartet für Microstrateg.a New ein Kursziel von 495 €, was den aktuellen Kurs von 137.9 € mehr als verdoppeln würde.
