MicroStrategy stock value has soared due to Bitcoin investment, but carries premium over direct investment

From Nasdaq: 2024-07-01 05:25:00

MicroStrategy’s (NASDAQ: MSTR) investment in Bitcoin has paid off, with the stock’s value skyrocketing. The company currently holds 214,400 Bitcoins and uses proceeds to fund its crypto investment. Despite the market cap exceeding the value of its Bitcoin holdings, the stock remains a popular choice for investors looking to capitalize on Bitcoin’s potential growth.

Investors should weigh the pros and cons of investing in MicroStrategy. While the stock offers an alternative to direct Bitcoin investment, it also carries a premium due to its valuation. The company’s future value is tied to Bitcoin’s performance, making it essential for investors to believe in Bitcoin’s long-term viability as a store of value.

Before investing $1,000 in MicroStrategy, consider other top stock picks recommended by the Motley Fool Stock Advisor team. While MicroStrategy may not be on their list, their recommended stocks have yielded significant returns in the past. Their service provides guidance on building a successful portfolio and has outperformed the S&P 500 since 2002.

Read more at Nasdaq: If You Invested $10,000 in MicroStrategy Stock Over 1 Year Ago, Here’s How Much You Would Have Today