MicroStrategy (MSTR) was a Wall Street star in 2024, with shares rising 334% over the past 52 weeks and more than 2,000% over the past two years. Although the Virginia-based company has its roots in software,

MicroStrategy intends to raise $2B from perpetual preferred shares to support Bitcoin purchases as part of its 21/21 plan.

MicroStrategy's share price has faced a prolonged plunge, falling 45% from its November peak as the firm's Bitcoin buys get smaller.

MicroStrategy has been consistently buying Bitcoins and now holds a massive stack of 446,400 BTC worth more than $42B as of the current price.

MicroStrategy bought about $209 million of bitcoin in the past week, making it eight weeks in a row that the company has acquired more of the digital currency.

MicroStrategy plans equity dilution from 330 million to 10 billion MSTR stocks raising concerns among analysts for future rally in 2025.

Traders are stepping back from MicroStrategy (MSTR), the Nasdaq-listed company known for its leveraged exposure to Bitcoin (BTC). The shift in market sentiment marks a stark contrast to the once highly bullish outlook surrounding the stock.

MicroStrategy’s share price rose to $341.14, after a rocky 24 hours when share prices tanked 40%. Earlier this week, the firm – the world’s largest corporate holder of bitcoin – announced the acquisition of 2,