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WKN DE: A3CWWB / ISIN: AT0000A2SGH0
15.12.2024 13:09:00
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Could MicroStrategy Be Your Ticket to Becoming a Millionaire by 2050?
For many years, MicroStrategy (NASDAQ: MSTR) was a sleepy tech stock. Between 2010 and 2020, the data mining and analytics software provider only grew its annual revenues at a compound annual rate of 0.6%, and it struggled to stay relevant against nimbler cloud-based competitors like Salesforce.But in 2020, MicroStrategy's co-founder and then-CEO Michael Saylor directed it to invest $250 million in Bitcoin (CRYPTO: BTC). It has continued to buy Bitcoin over the following years, and its total holdings reached 279,420 Bitcoins this November.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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