Where Will MicroStrategy Stock Be in 5 Years?
(NASDAQ: MSTR), which went public in 1998, was once considered a slow-growth analytics software company. It was struggling to grow in a crowded market while keeping pace with nimbler cloud-based competitors like Salesforce.
That all changed in 2020, when MicroStrategy's co-founder and then-CEO Michael Saylor directed it to buy 21,454 Bitcoins (CRYPTO: BTC) for $250 million. It then accumulated more Bitcoin each year, and it held 450,000 Bitcoins as of Jan. 13.
Image source: Getty Images.
Source Fool.com
Microstrateg.a New Stock
€136.80
-5.430%
With 39 Buy predictions and 3 Sell predictions Microstrateg.a New is one of the favorites of our community.
With a target price of 462 € there is potential for a 237.72% increase which would mean more than doubling the current price of 136.8 € for Microstrateg.a New.
