MicroStrategy Stock Rose More Than 2,800% in the Past 5 Years Due to 1 Simple Decision. This Other Little-Known Technology Company Just Made the Same Move.

Aug. 11, 2020, is a day that changed the cryptocurrency market forever, for better or for worse. For technology company MicroStrategy (MSTR 4.20%) and its shareholders, it seems that it was a change for the better.That was the day that MicroStrategy first bought Bitcoin (BTC 1.55%). A few weeks prior, then-Chief Executive Officer Michael Saylor said the company was exploring the cryptocurrency as a way to fight inflation. But as the chart below shows, Bitcoin has been far more than an inflation hedge. As of ...