Strategy's $5 Million Bitcoin Target: Beacon or Bagholder?

Strategy TodayMSTRStrategy$237.95 -30.19 (-11.26$101.00▼$543.00Price Target$508.09Add to WatchlistWhen one thinks about the Bitcoin movement and what company started the trend of using Bitcoin for its treasury, Strategy Inc. NASDAQ: MSTR comes to mind. Formerly known as MicroStrategy, its CEO, Michael Saylor, has been a diehard proponent of Bitcoin. The company made a major strategic pivot in August 2020, announcing its first Bitcoin purchase: 21,454 Bitcoins acquired for approximately $250 ...