Short-Seller Andrew Left Slams MicroStrategy. Is Michael Saylor's Bitcoin Stock in Trouble?

26.11.24 11:45 Uhr

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MicroStrategy (NASDAQ: MSTR) has become one of the most valuable stocks on the Nasdaq by pursuing a simple strategy: buying Bitcoin (CRYPTO: BTC).The stock has soared alongside Bitcoin's gains this year, which have come with the broader bull market, the launch of spot Bitcoin exchange-traded funds (ETFs), and optimism that a new Trump administration will adopt crypto-friendly policies. As you can see from the chart below, both MicroStrategy and the cryptocurrency have surged this year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Quelle: MotleyFool