MicroStrategy MSTR was a Wall Street star in 2024, with shares rising 334% over the past 52 weeks and more than 2,000% over the past two years. Although the Virginia-based company has its roots in software, it has attracted far more investor attention for its digital currency strategy. MicroStrategy, under the leadership of founder Michael Saylor, has been rapidly buying up Bitcoin BTCUSD and is now the largest corporate holder of BTC. After its latest purchase, the company now holds 446,400 BTC on its balance sheet.
This has been a popular strategy with investors because it has allowed MicroStrategy to leverage the rally in BTC prices in 2024, with the leading cryptocurrency hitting a new all-time high above $108,000. Wall Street has…