Missed Out on MicroStrategy Stock? Chairman Michael Saylor Is Praising This Little-Known Stock That's Doubled in Value in Just the Last 3 Months.

In September, Riot Platforms (NASDAQ: RIOT) stock dropped down to almost $6 per share, falling to its lowest price in nearly two years. In the three short months since, Riot Platforms stock has more than doubled. And some investors believe it's just getting started.Investors believe Riot Platforms stock could be in for more gains because of what's happened with MicroStrategy (NASDAQ: MSTR) stock in recent years. For context, MicroStrategy stock went public in 1998 and it had gone nowhere as of the end of 2019. But MicroStrategy stock is suddenly up more than 2,500%, just since the start of 2020.The difference for MicroStrategy stock has been its policy regarding cryptocurrency Bitcoin (CRYPTO: BTC). Over the last few years, the company has gone to great lengths to get its hands on as much cash as possible. And as of Dec. 16, it had managed to spend over $27 billion on buying Bitcoin.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool