MicroStrategy Faces Potential Multi-Billion Dollar Sell-Off

MicroStrategy has transformed from a pure software business into Wall Street’s most aggressive corporate bet on Bitcoin. This very strategy, however, may now be creating significant headwinds for the company. As CEO Michael Saylor continues to accumulate the cryptocurrency, analysts at banking giant JPMorgan are warning of a scenario that could trigger a dramatic price collapse: forced mass selling by index funds. Is the stock approaching its ultimate stress test?

Amid the turmoil, the company’s core business shows signs of vitality. Third-quarter subscription service revenue surged by more than 65% compared to the previous year, highlighting a successful transition toward cloud-based solutions. Despite this operational progress, investors currently Read more...