Could MicroStrategy Stock Help You Become a Millionaire?
(NASDAQ: MSTR) has been public since the late 1990s. However, the company's aggressive foray into Bitcoin has made it a bonafide market beater in recent years; the stock has soared more than 700% over the past year alone and more than 2,600% since late 2019.
The company sells technology solutions, but it's become a self-proclaimed "Bitcoin treasury company." Thus far, shareholders have been lucratively rewarded by the company's vision for Bitcoin's future, as it continually accumulates Bitcoin with the hope that it becomes globally adopted as a digital source of value.
Its unique business model has made it controversial among investors. Can MicroStrategy help investors become millionaires with outsize long-term gains, or is this just a bubble waiting to burst?
Source Fool.com
Microstrateg.a New Stock
The stock is one of the favorites of our community with 60 Buy predictions and 2 Sell predictions.
Based on the current price of 84.78 € the target price of 227 € shows a potential of 167.75% for Microstrateg.a New which would more than double the current price.
