MicroStrategy: Still A Buy With New Highs Likely
spawns As we end 2023, the original alt-coin, Bitcoin (BTC-USD), is flying once again. That has taken stocks tied to Bitcoin's fortune - miners and those that hold significant amounts of Bitcoin - higher with it. One such stock that is perhaps the most tied to Bitcoin is software company MicroStrategy (NASDAQ:MSTR), which owns something like nearly $6 billion worth of Bitcoin. That means the stock's fortunes are very much tied to the price action of Bitcoin, and MicroStrategy is soaring as a result. The las ...