MicroStrategy's Bitcoin Bet: A New Capital Markets Platform

MicroStrategy, under Michael Saylor, has transformed into a significant bitcoin investor, with shares plummeting while bitcoins value soars. The company, once a top choice for bitcoin exposure, now faces stiff competition from spot bitcoin ETFs and options trading. Saylor is countering by developing a capital markets platform, aiming to attract new investors despite potential risks, including index exclusion and bitcoin price fluctuations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.