MicroStrategy Is Winning by Breaking Wall Street’s Rules. Avoid the Stock.

2 weeks ago 17

(Illustration by Barron’s; Dreamstime (2))

1. Cryptocurrencies
2. Feature

Investors efficaciously are paying astir $240,000 for each of the company’s 402,100 Bitcoins, good supra the marketplace price. 

By Andrew Bary

Michael Saylor turned a chaotic thought into a $90 cardinal company. With Bitcoin present supra $100,000, that thought could soon beryllium tested.

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3. MicroStrategy Is Winning by Breaking Wall Street’s Rules. Avoid the Stock.