42 Billion Reasons Investors Should Be Extra Careful With MicroStrategy Stock

To say MicroStrategy (NASDAQ: MSTR) is a big crypto bull would be a huge understatement. The company has invested heavily in Bitcoin (CRYPTO: BTC) and has continued to add to its position in recent quarters. MicroStrategy is the largest corporate holder of the digital asset today. But that doesn't mean it is content with the status quo.MicroStrategy recently said it would add even more crypto to its portfolio. Although that may sound like a great move for the business given the digital currency's rapid rise of late, it also means much more risk for investors.Normally when a company announces it's raising cash, it involves a growth strategy for expanding its operations, perhaps even entering new markets. But MicroStrategy, which sells enterprise analytics software, is planning to raise $42 billion not to expand its business, but so that it can add to its Bitcoin holdings.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool