Strategy (MicroStrategy): Buy, Sell, or Hold?
The stock has run circles around the broader market for two years, but it could be a ticking time bomb.
Strategy (formerly known as MicroStrategy) (NASDAQ: MSTR) has been one of the biggest winners of this market over the past couple of years. The stock is up 1,900% since 2023, even with the recent 40% decline from the highs. The company is most known for recentering its business model and identity around Bitcoin (CRYPTO: BTC), and CEO Michael Saylor has been among the most vocal supporters of Bitcoin for years.
It's often wise to buy winning stocks on pullbacks. You might have heard the expression that winners tend to keep winning. And volatility? That's just the price of admission for potentially market-beating returns.
But investors shouldn't mindlessly follow that thought; exceptions occasionally arise. Is Strategy worth buying on its dip? Or is the stock's decline the beginning of a larger unwinding that investors should avoid?
