welcome
CoinGape

CoinGape

Business

Business & Economics

MicroStrategy Stock Price Surges And Eyes $400 Despite MSTR Risk Warnings

CoinGape
Summary
Nutrition label

76% Informative

Analysts raise doubts about MicroStrategy 's ability to repay its $7.27 billion in convertible bonds.

After falling under $300 on the last trading day of December , the MSTR stock has recovered more than 10% so far despite turbulence in the US equity market.

The company has accumulated over $4 billion in debt, while its 450,000 BTC holdings are valued at just over $43 billion .