Why MicroStrategy Stock Rocketed 24.7% Higher This Week
Shares of (NASDAQ: MSTR) jumped 24.7% higher this week, according to data from S&P Global Market Intelligence. The Bitcoin investment company was helped by the cryptocurrency's price appreciation this week along with a convertible debt offering at a 0% interest rate. As of the market close on Friday, Nov. 22, MicroStrategy stock is up 515.7% year to date.
Here's why the stock was rising yet again this week.
Back in 2020, MicroStrategy CEO Michael Saylor made a bold move by taking the company's balance sheet and buying Bitcoin. The bet has paid off handsomely, with the company selling new shares of common stock and taking out debt in order to further accelerate its Bitcoin buys. As of its latest update, MicroStrategy now holds 279,420 Bitcoins.
Source Fool.com
Microstrateg.a New Aktie
Die Aktie ist durchaus ein Favorit unsere Community mit 58 Buy-Einschätzungen und 2 Sell-Einschätzungen.
Bei einem durchschnittlichen Kursziel von 228 € für Microstrateg.a New, wäre dies mehr als eine Verdopplung des aktuellen Kurses von 80.94 €.
