Microstrategy, a major business intelligence company, has seen its stock soar by 185% in 2024, outshining Bitcoin's performance, which rose by 47% during the same period. This striking growth is part of a broader upward trajectory for Microstrategy, whose share value has increased 988% since 1998, now trading at $191 per share.
In addition to its stock gains, Microstrategy's Bitcoin holdings, a central part of its investment strategy, are currently valued at a substantial $15.61 billion. The firm's approach has garnered attention and seems to set a trend in the corporate world.
Similar strategies are being adopted by other companies, such as Marathon Digital Holdings and Japan's Metaplanet Inc., which are incorporating Bitcoin reserves into their financial strategies as a means to leverage potential benefits.
Source: blockonomi.com ↗