Where Will MicroStrategy Stock Be in 5 Years?
Bitcoin has done well for investors during the past three years, recently hitting an all-time high. (NASDAQ: MSTR), which has gone all in on buying Bitcoin, has done even better. During the past three years, the S 500 index is up 38%, Bitcoin is up 159%, and MicroStrategy is up almost 860% as of this writing. These are incredible returns in just a few short years, lifting MicroStrategy's market cap to almost $90 billion.
MicroStrategy's Bitcoin buying has led to immense wealth generation for its shareholders. Is the party set to continue for the rest of the decade? Let's lay out some scenarios for MicroStrategy, and where the stock could head in five years.
MicroStrategy is a software company that started to use its balance sheet to buy Bitcoin a few years ago. This simple strategy for how to manage treasury reserves has morphed the company into a Bitcoin-buying behemoth that has benefited mightily from the soaring price of Bitcoin. During the past five years, MicroStrategy's stock is up 2,100%.
Source Fool.com
Microstrateg.a New Stock
The stock is one of the favorites of our community with 35 Buy predictions and 3 Sell predictions.
Based on the current price of 137.9 € the target price of 495 € shows a potential of 258.96% for Microstrateg.a New which would more than double the current price.
