This Crypto Stock Has More Than Doubled Bitcoin's Gains This Year
MicroStrategy has a large exposure to Bitcoin, and that can make its earnings incredibly volatile and unpredictable. Is the stock a buy today? MicroStrategy's stock is up over 130% in 2024 For MicroStrategy, crypto is a big part of its strategy. The company routinely updates investors on its Bitcoin holdings. When it announced its first-quarter results, it led with how many Bitcoins it acquired since the end of the last quarter (25,250) and how many it was currently holding (214,400). MicroStrategy's focus ...