Is It Too Late to Buy MicroStrategy Stock?
No public company has gone all-in on Bitcoin (CRYPTO: BTC) quite like (NASDAQ: MSTR), which has purchased 193,000 bitcoins since 2020. As a result, the enterprise software company's stock is up over 900%, despite its core business stagnating.
Are you a prospective investor who has a fear of missing out? Below, I'll examine why MicroStrategy is hoarding Bitcoin, how it's funding it, what could go wrong, and where the stock could go from here.
MicroStrategy has a relatively long history as a business-to-business enterprise software company and went public in 1998 before the dot-com bubble. The company even founded Alarm.com in 2000 before later selling it to a venture capital firm in 2009.
Source Fool.com
Microstrateg.a New Stock
€1,581.5
3.770%
With 11 Buy predictions and not the single Sell prediction the community is currently very high on Microstrateg.a New.
With a target price of 1730 € there is a slightly positive potential of 9.39% for Microstrateg.a New compared to the current price of 1581.5 €.
