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.

December 02, 2024
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