MicroStrategy's fundamentals are strong when Bitcoin is strong. But its near-term price action is governed almost entirely by index rules and capital flows. Bitcoin could rally. Earnings could surge.
Michael Saylor, the founder of MicroStrategy, has become one of Bitcoin’s most vocal advocates, boldly proclaiming, “There is no second best.” Since 2020, Saylor has leveraged his publicly traded ...
MicroStrategy’s stock collapsed below the value of its Bitcoin, signaling extreme risk as December begins with a sharp market shock.