MicroStrategy's Big Bet On Bitcoin Went Stratospheric

Slashdot.org - 31 december 2024

MicroStrategy's Big Bet On Bitcoin Went Stratospheric

MicroStrategy has transformed into a "bitcoin treasury company," investing billions in bitcoin through debt and equity issuance, driving its stock price up nearly 400% in 2024 despite declining software revenues and heightened financial risks. The Guardian re…

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