Name of opportunity: 👀
MicroStrategy Inc
Corporate crypto holder💰
MicroStrategy Inc has shot up in price in the past day, by nearly 10%. The stock has skyrocketed in value over the past month alone, going up 50.67%, and has seen huge growth in the past 6 months too.
Analysts are calling Microstrategy a ‘strong buy’. The company currently has a steady revenue and cashflow, and a strong gross margin.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of MicroStrategy Inc. might increase from $388.84 to $484.58 in the next 12 months. If you invested $1000, you might profit $246.23.
One of the reasons behind MicroStrategy's surge in share price might be to do with the resurgence in Bitcoin prices, as the company is one of the largest corporate Bitcoin holders.
The chairman and co-founder of MicroStrategy, Michael J Saylor, is a huge bitcoin advocate. Since 2020 Saylor has used MicroStrategy to amass a wealth of Bitcoin, which might be why MicroStrategy stock has seen an increase in price as Bitcoin has.
As one of the largest corporate holders of cryptocurrency, MicroStrategy is said to currently have over $30 billion worth of Bitcoin! Due to Bitcoin recently hitting an all-time high of $99k, MicroStrategy's role in the crypto space might have attracted more investors, prompting the increase in price.
About MicroStrategy 💻
MicroStrategy Inc is an American business intelligence company that provides b2b analytic tools, cloud-based services, and software. The company is headquartered in Virginia, US.
Which neme?: 🔍
‘Top Gainers Today’, ‘Crypto’.
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