Published On Jan 16, 2021
An update on MicroStrategy Stock (MSTR) in January 2021
In November 2020 I revealed my favourite stock pick; a company known as MicroStrategy (Ticker MSTR). Since then the stock has gone from $180 to a high of $630. Over 250% in just 2.5 months! Insane.
In this video I cover the recent decision by Microstrategy to issue a $650 million convertible debt note which they used to buy more bitcoin and I provide an update on my position. Am I still holding or will I sell?
MicroStrategy is ran by owner and founder CEO Michael Saylor. MicroStrategy offers business intelligence solutions to its customers. In Q2 of 2020 MicroStrategy made massive headlines when they became the first publicly traded company to put its treasury reserve assets into Bitcoin. Since then MicroStrategy CEO Michael Saylor has been doing the rounds discussing their massive bitcoin investment.
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