MicroStrategy Surpasses Coinbase! 🚀
Michael Saylor’s MicroStrategy has tripled its stock price this year, surpassing Coinbase (COIN) as the top crypto stock. The company is on the rise even after announcing plans to sell $21 billion worth of new stock.
- MicroStrategy’s large investment in Bitcoin and investor confidence are helping the stock appreciate.
- The stock sale is being used to fund the company’s Bitcoin purchases.
- This strategy is being viewed favorably by investors.
How sustainable do you think this strategy is? Let’s discuss it in the comments! 💬