The community on X, called Irresponsibly Long MSTR, believes that MicroStrategy has significant potential for growth despite its already impressive year-to-date rally of 538%. They speculate that the company's value could reach 10 times its current valuation based on its bitcoin holdings. This would result in a market capitalization of $364 billion, surpassing major companies like Coca-Cola and Wells Fargo. Some members of the community believe that MicroStrategy will discover innovative ways to financialize its bitcoin holdings, while critics argue that the stock is overvalued and unsustainable. Despite the risks, the community has benefited from MicroStrategy's rally in 2024.



Other News from Today