It also means that MicroStrategy’s balance sheet acts as a leveraged bet on Bitcoin’s long-term value appreciation. But that’s not all, and here’s where things get really interesting.

With Bitcoin appreciating at a compounded annual growth rate (CAGR) of over 40%, MicroStrategy's balance sheet has rapidly expanded. As Bitcoin's value increases, so does the company's stock price.

MicroStrategy lost about $433 million on revenues of $116 million in the third-quarter. The company's revenue was down 10% year-over-year in the quarter, notching its fourth consecutive quarter of ...

Should you buy the stock? MicroStrategy stock has done phenomenally well in the last few years. It may continue to rise if the price of Bitcoin rips past the $100,000 mark.

MicroStrategy shares briefly surged on Monday before faltering to end nearly unchanged, after the software company and bitcoin stockpiler was selected to join the tech-heavy Nasdaq 100 index ...