Strategy Enhances Bitcoin Yield
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Investors Are Piling Into This Hot New SPAC Stock Taking on MicroStrategy. Should You Follow Their Lead?
65% Informative
Strategy (NASDAQ: MSTR), formerly known as MicroStrategy , has transformed itself from an enterprise software provider to a Bitcoin treasury.
The company expects to establish a treasury of 42,000 Bitcoins, building on the $3 billion worth of the currency supplied by Tether , Bitfinex , and Softbank .
Strategy stock notably trades around twice the value of its Bitcoin treasury, which is expected to increase Bitcoin per share.
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