MicroStrategy's stock soars 513% in 2024, fueled by large Bitcoin investments, despite investor doubts.

MicroStrategy's stock has surged 513% in 2024, largely due to the company's substantial Bitcoin investments. Led by Michael Saylor, MicroStrategy plans to raise $42 billion over three years to buy more Bitcoin, despite doubts from some investors. The company's market value is now more than double the worth of its Bitcoin holdings.

4 months ago
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