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MSTR - MicroStrategy: Enterprise Software To Bitcoin Speculation
December, 18 2020 02:00 PM
MicroStrategy Incorporated
MSTR core business revenue facing sixth straight year of decline. Speculating with bitcoin does not solve revenue problems. Switched treasury reserve from cash to Bitcoin, making three substantial purchases of bitcoin over the last four months. Recently announced offering of $650 million unsecured convertible senior notes intended to finance purchase of more bitcoin. For further details see:
MicroStrategy: Enterprise Software To Bitcoin Speculation
Stock Information
Company Name:
MicroStrategy Incorporated
Stock Symbol:
MSTR
Market:
NASDAQ
Website:
microstrategy.com
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