MicroStrategy stock has soared 863% since acquiring Bitcoin, but risks of diluted value exist
From Nasdaq
August 20, 2024 07:23:00 AM:
MicroStrategy (NASDAQ: MSTR) has seen its stock soar by 863% since acquiring Bitcoin (CRYPTO: BTC) four years ago, with holdings now worth $13.1 billion. But the company’s debt and equity funding for continued Bitcoin acquisitions pose risks as stock value could be diluted further. MicroStrategy’s current market capitalization far exceeds its Bitcoin holdings, making it a high-risk, high-reward stock compared to directly investing in the cryptocurrency. Latest recommendations from the Motley Fool Stock Advisor suggest looking at other investment options with higher potential returns.
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