Tag #Cryptocurrency Investment

What are the immediate implications of MicroStrategy's plan to increase its share count by 10 billion to buy more Bitcoin?

MicroStrategy plans to increase its share count by 10 billion to purchase more Bitcoin, a move that significantly increases the company's exposure to Bitcoin's price volatility. This strategy, while aiming for substantial long-term gains, introduces considerable risk of share dilution and potential financial losses if Bitcoin's value declines.