MicroStrategy, the largest corporate holder of bitcoin, announced a 10-for-1 stock split on Thursday.
The company said the shares will be split into class A common stock and class B common stock “to make MicroStrategy’s stock more accessible to investors and employees.” The move comes amid a lull for the price of bitcoin, which has been stuck in a tight range since about March, but which many investors expect to rebound in the second half of the year.
The shares rose about 6% but are currently about 34% off an all-time high of $1,999.99, reached in March of this year.
In technical terms Microstrategy tripled in price over the past 12 months and doubled in price in 2024, outperforming the major crypto assets like BTC, ETH, and Total crypto market cap as well. The main technical graph indicates perhaps it has much more to deliver.
// Money talks Money shouts Don't take much to hear Like it or not You need a lot If you're gonna make a life down here
액티브 트레이드
July 18, 2024
Money talks Money spits Makes its presence felt Wanna be broke This is no joke When you're dealing with the cards you're dealt
// Hey Split is coming
액티브 트레이드
July 20, 2024
//
Get rich quick Get rich fast
액티브 트레이드
July 21, 2024
That's the game right now Profit is all This is my call Baby won't you let me show you how
노트
November 11, 2024
👉 Microstrategy MSTR is almost 5x this years, and is at all time high right now. This happens for a first time over past 24 years, since Q1 2000.
노트
November 21, 2024
👉 Microstrategy MSTR is 7x this year, and is almost 100B company (due to BTC 100K magnetics).