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MicroStrategy's $4.6 Billion Bitcoin Bet: Genius Move or Risky Gamble?

By Yahoo! Finance   |   Nov 18, 2024 at 10:21 AM EST
MicroStrategy's $4.6 Billion Bitcoin Bet: Genius Move or Risky Gamble?

MicroStrategy has made a significant investment in Bitcoin, buying 51,780 BTC over six days for $4.6 billion. With a total stash of 331,200 BTC worth nearly $30 billion, they plan to invest $42 billion more in Bitcoin.

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