Up 125% for the Year, Is MicroStrategy Still a Buy?
MicroStrategy(MSTR) fool.com·2024-05-30 16:10
The case for buying MicroStrategy has fundamentally changed in 2024. Here's what you need to know.There's no denying that MicroStrategy (MSTR -3.38%) has been on an incredible run recently. For the year, the stock is up more than 125%. And over the past 12 months, MicroStrategy is up more than 442%.A lot of that performance has to do with Bitcoin (BTC -0.56%), of course. MicroStrategy is the largest corporate holder of Bitcoin in the world, and the company's stratospheric stock gains have largely been a res ...