MicroStrategy Stock Prediction

santhosh
santhosh

Michael Saylor, one of the most well-known and vocal supporters of cryptocurrencies, runs MicroStrategy.

Michael was the CEO of the company until recently, when he stepped down to become the Chairman of the Board. Microstrategy started out as a company that made software and mined data, but now they are better known for their love of Bitcoin.

MicroStrategy is almost a synonym for Bitcoin because it was one of the biggest holders of Bitcoin during the last bull run. The company started buying bitcoin in 2020 to protect itself from inflation. It now has about 130,000 bitcoins, which at the current price is worth almost $3 billion.

MicroStrategy doesn’t offer solutions based on blockchain technology, but it owns a lot of Bitcoin, which makes MSTR an important player in the cryptocurrency space.

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