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,

Shares of software company MicroStrategy ($MSTR) climbed to $339.66 on Friday following its recent plunge. The rally came after the company

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.

MicroStrategy is targeting a capital raise of up to $2 billion to continue to strengthen its balance sheet and acquire more Bitcoin, the business software company announced. The capital raise will be through one or more public underwritten offerings of perpetual preferred stock,

MicroStrategy (NASDAQ: MSTR) and KULR Technology (NYSEMKT: KULR) both recently generated a lot of buzz with their big investments in Bitcoin (CRYPTO: BTC). Microstrategy, which started buying Bitcoin in 2020,