Think It's Too Late to Buy MicroStrategy? Here's the Biggest Reason Why There's Still Time.

Is it too late to buy shares of MicroStrategy after the stock price tripled in 52 weeks? Maybe not. Here's why. MicroStrategy (MSTR 0.84%) shares have doubled in 2024 and more than tripled over the last 52 weeks. When Bitcoin (BTC 0.44%) jumps, MicroStrategy soars; the enterprise software specialist has transformed into a Bitcoin manager on steroids. The correlation between this stock and Bitcoin prices has been similar to the statistical link between the S&P 500 and Dow Jones Industrial Average market inde ...