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About
History
Competitors
About
History
Competitors
MicroStrategy Inc., founded in 1989 by Michael J. Saylor and Sanju Bansal, is a prominent player in business intelligence (BI) software, providing solutions for data visualization, reporting, and advanced analytics. Its flagship product, MicroStrategy 2020, integrates AI and machine learning, enabling businesses to derive actionable insights from extensive data.
Financially, MicroStrategy has maintained stable revenue, driven by the growing adoption of its cloud services and subscription-based models. A significant strategic shift occurred in 2020 when the company began investing in Bitcoin as a primary treasury reserve asset.
As of mid-2024, MicroStrategy's market capitalization is approximately $29.5 billion, reflecting its combined value from BI operations and Bitcoin investments. This dual strategy positions the company to capitalize on trends in data analytics and digital assets, with future success dependent on balancing innovation, market dynamics, and regulatory challenges.
MicroStrategy Inc. has experienced significant fluctuations in its share price over the past five years, reflecting both its core business performance and its strategic investment in Bitcoin. The share price reached its lowest point in this period around $100 in March 2020, coinciding with the broader market downturn due to the COVID-19 pandemic.
Following this low, MicroStrategy's share price saw a dramatic increase, driven by the company's substantial investments in Bitcoin starting in August 2020. The price surged, reaching an all-time high of $1,919.16 on March 27, 2024. This remarkable rise represents a 1,266.98% increase, or +1,542.55 USD, over the five years.
Price Prediction
The share price is expected to remain volatile, influenced by Bitcoin's price and MicroStrategy's BI performance. If Bitcoin trends upward and gains market acceptance, the stock could rise further. However, a drop in Bitcoin's value or increased BI competition could negatively impact the share price.
MicroStrategy faces competition from several key players in the business intelligence (BI) and analytics market:
- Tableau (Salesforce): Known for its powerful and intuitive data visualization tools, Tableau allows users to create interactive and shareable dashboards. Its integration with Salesforce enhances its CRM and analytics capabilities.
- Microsoft Power BI: Widely adopted due to its seamless integration with Microsoft Office and Azure, Power BI offers robust data visualization, real-time analytics, and ease of use for both technical and non-technical users.
- IBM Cognos Analytics: A comprehensive BI solution that offers AI-driven insights, data visualization, and reporting. Cognos integrates well with IBM's broader data and AI ecosystem, making it suitable for large enterprises.
- SAP BusinessObjects: Part of the SAP ecosystem, BusinessObjects offers a suite of BI tools for reporting, visualization, and data integration. It's favored by organizations using SAP's enterprise resource planning (ERP) solutions.
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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
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FAQs
What are the risks associated with trading MicroStrategy?
Trading MicroStrategy CFDs (Contract for Difference) carries several risks. Firstly, the volatility of MicroStrategy's stock, influenced by its Bitcoin investments and BI performance, can lead to rapid price fluctuations, amplifying both potential gains and losses. Additionally, CFD trading involves leverage, magnifying the impact of price movements, which can lead to significant losses exceeding initial investments.
Regulatory changes affecting cryptocurrencies or BI markets could also impact MicroStrategy's stock price unpredictably. Traders should carefully assess these factors and manage risks with proper risk management strategies and market research.
Why trader should trade MicroStrategy CFD?
Traders may consider trading MicroStrategy CFDs (Contracts for Difference) for several reasons. Firstly, MicroStrategy's stock is known for its volatility, which can present opportunities for short-term trading based on price fluctuations influenced by its Bitcoin investments and business intelligence performance. CFDs allow traders to speculate on both rising and falling prices, potentially profiting from market movements without owning the underlying asset.
Moreover, trading MicroStrategy CFDs offers flexibility with leverage, enabling traders to amplify their exposure to price movements with a smaller initial investment. This can potentially enhance returns if trades are successful, although it also increases the risk of losses, which can exceed the initial capital invested.
Additionally, CFDs provide access to international markets and allow for trading opportunities during market hours, providing liquidity and the ability to react quickly to news and events impacting MicroStrategy's stock price.
However, trading MicroStrategy CFDs carries inherent risks due to the volatile nature of the stock, regulatory changes affecting cryptocurrencies, and potential market uncertainties. Traders should conduct thorough research, employ risk management strategies such as stop-loss orders, and stay informed about market developments to make informed trading decisions.
How has MicroStrategy's stock price been impacted by its Bitcoin investments?
MicroStrategy's stock price has been significantly impacted by its strategic investments in Bitcoin. Since announcing its initial purchase of Bitcoin in August 2020, MicroStrategy has integrated cryptocurrency into its treasury reserve strategy. This move has garnered attention from investors and analysts alike, aligning the company with the evolving digital asset market. The stock price has shown a strong correlation with Bitcoin's price movements, reflecting market sentiment towards cryptocurrencies.
This correlation has resulted in heightened volatility for MicroStrategy's stock, amplifying both potential gains and losses for investors. As Bitcoin's value fluctuates, MicroStrategy's stock often experiences corresponding movements, making it a unique play for those interested in both traditional business intelligence and cryptocurrency markets.
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.
CFDs
Equities
Capitalise on rising prices (go long)
Capitalise on falling prices (go short)
Trade with leverage
Hold larger positions than the cash you have at your disposal
Trade on volatility
No need to own the asset
No commissions
Just low spreads
Manage risk with in-platform tools
Ability to set take profit and stop loss levels