EddieJayonCrypto

 15 May 24

tl;dr

The MicroStrategy (MSTR) stock has been added to the MSCI World Index, with its stock up over 105.44% since the start of the year, outperforming Bitcoin. MicroStrategy's market cap stands at $23.02 billion, with shares reaching nearly $1,300 per share. However, it's down substantially from its 2024 ...

MicroStrategy (MSTR) stock has been added to the MSCI World Index, outperforming Bitcoin with a 105.44% increase since the year's start. The company's market cap is $23.02 billion, with shares nearing $1,300, although down from its peak of $1,919 in 2024. Jim Cramer advises against MSTR stock, recommending Bitcoin, while Michael Saylor predicts growing institutional adoption of Bitcoin.

The MSCI World Index captures large and mid-cap companies across 23 developed markets, where MSTR's stock has shown exceptional performance this year. US companies represent over 70% of the index, with Japan and the UK coming in at 6.06% and 4%, respectively. Information technology leads in sector allocation with 23.22%, followed by financial, healthcare, and industrials.

MicroStrategy's market cap is at $23.02 billion, with shares reaching nearly $1,300, down from its 2024 peak of $1,919. The company reached an all-time high of $3,130 in 2000 during the dot-com bubble but collapsed to $5 within a year. Michael Saylor, after reviving the company with a bold Bitcoin bet, has seen success.

Jim Cramer advises against MSTR stock, suggesting Bitcoin instead. Meanwhile, Michael Saylor predicts growing institutional adoption of Bitcoin, evidenced by the State of Wisconsin Investment Board's nearly $100 million purchase of shares of BlackRock's IBIT.

Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 22 Nov 24
 22 Nov 24
 22 Nov 24