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
€81.79
-0.900%
The stock is one of the favorites of our community with 60 Buy predictions and 2 Sell predictions.
Based on the current price of 81.79 € the target price of 227 € shows a potential of 177.54% for Microstrateg.a New which would more than double the current price.
