MicroStrategy's Additional $561M Bitcoin Bet: Bold Move or Bubble Waiting to Burst?

GuruFocus.com12-24 01:14

MicroStrategy (NASDAQ:MSTR) just made wavesagain. The company dropped a cool $561 million to scoop up another 5,262 BTC, pushing its total Bitcoin (BTC-USD) stash to a jaw-dropping 444,262 coins. This...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Guavaxf30
    12-24 10:58
    Guavaxf30
    High stakes gamble. Michael Saylor is gambling with your money. Question is, will he win, or lose it all? But then again, how different is he from Elon Musk (with his robot future)? And in this meme-crazed market, likely both MSTR and TSLA will have some legs to run still. There are many FOMO minions out there still.
Leave a comment
1
2