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History Doesn't Repeat, but It Often Rhymes on Wall Street -- and That's Terrible News for MicroStrategy
MSTRMicroStrategy(MSTR) The Motley Fool·2024-11-29 17:41

A painful history lesson likely awaits MicroStrategy and its shareholders.This has been a banner year for the stock market. All three major indexes -- the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite -- have catapulted to multiple record-closing highs, with excitement surrounding artificial intelligence (AI), stock-split euphoria, and optimism following the election of Donald Trump driving gains in 2024.But in not-so-subtle fashion, cryptocurrencies and cryptocurrency stocks have blown these ...