2 tech firms, MicroStrategy and Broadcom, completed 10-for-1 stock splits, with MicroStrategy investing $14.7B in Bitcoin and Broadcom seeing 280% Q2 AI revenue growth.

2 tech companies, MicroStrategy and Broadcom, recently completed 10-for-1 stock splits, aiming to make shares more accessible. MicroStrategy, an AI-software firm investing in Bitcoin, sees its total Bitcoin investment reach $14.7 billion. Broadcom, a semiconductor & infrastructure software provider, sees a 280% Q2 increase in AI revenue and a 43% YOY revenue growth. Both stocks could offer investment opportunities for those believing in Bitcoin's growth and AI infrastructure potential, despite potential risks such as MicroStrategy's debt and Bitcoin volatility, and Broadcom's AI market sustainability.

August 18, 2024
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