Is It Too Late to Buy MicroStrategy Stock Now?
A cursory summary of (NASDAQ: MSTR) might suggest that the company is an enterprise analytics software and services specialist. However, while the company does derive some revenue from software sales, MicroStrategy is known as a Bitcoin (CRYPTO: BTC) hoarder first and foremost.
MicroStrategy was also recently known for conducting a 10-for-1 stock split, but that's in the rearview mirror now. The current focus is MicroStrategy's ultra-aggressive Bitcoin accumulating strategy, with the company already holding more than 1% of the Bitcoin that will ever be mined.
Even though it's too late to jump on the "MicroStrategy is about to split its stock" bandwagon, this doesn't necessarily mean it's too late to buy MicroStrategy stock. However, investors will need to be on board with the company's hoard -- and be willing to accept MicroStrategy's strategy of raising capital to buy more Bitcoin.
Source Fool.com
Microstrateg.a New Stock
Microstrateg.a New is currently one of the favorites of our community with 16 Buy predictions and no Sell predictions.
Based on the current price of 118.35 € the target price of 1739 € shows a potential of 1369.37% for Microstrateg.a New which would more than double the current price.
