Will MicroStrategy Be a Trillion-Dollar Stock by 2030?
MicroStrategy (MSTR -7.52%) went through a dramatic transformation over the past four years. Up until 2020, it was a slow-growth analytics software maker that seemed to be losing ground to its nimbler cloud-based competitors. But that year, its co-founder and then-CEO Michael Saylor directed the company to make its first $250 million purchase of Bitcoin (CRYPTO: BTC). By the end of April 2024, its Bitcoin holdings had swelled to $7.54 billion, which equals roughly a quarter of MicroStrategy's enterprise val ...