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MicroStrategy (NASDAQ: MSTR) has been the great beneficiary of the other 2024 boom – the one in the cryptocurrency market. The company’s strategic investment in Bitcoin (BTC), paired with BTC’s own stellar performance, has led to a share price skyrocketing of 384.87% in the year-to-date (YTD) chart and a press time price of $332.23. MSTR stock YTD price chart. Source: Google However, on December 24, 2024, MicroStrategy stock is facing an increasing danger of an imminent plummet, with at least one cause being by the firm’s own design. Specifically, a recent Schedule 14A document filed with the Securities and Exchange Commission (SEC) revealed that Michel Saylor is hoping, with stakeholder approval, to increase the number of MSTR shares by approximately 11 billion. Picks for you Crypto millionaire sells more Ethereum for Bitcoin in ...

Elon Musk’s net worth has surpassed $300 billion, with his EV company Tesla recently breaching $1 trillion in market cap. The world’s richest man has seen his Net worth rise $11 billion in less than 24 hours, a 3.8% increase. Musk was one of the biggest winners of the recent US election, which saw Donald Trump win a second term in office. Trump previously made the promise to bring on the Tesla CEO to his cabinet in a new role, backing Musk as a genius. ““Let me tell you, we have a new star. A star is born—Elon,” Trump said in his victory speech Wednesday. “[Musk is] a character, he’s a special guy, he’s a super-genius. We have to protect our geniuses—we don’t have that many of them.” JUST IN: Elon Musk's net worth rises to $300,000,000,000. pic.twitter.com/veqqsJFPh7 — Watcher.Guru (@WatcherGuru) November 8, 2024 Musk’s promised role reportedly involves heading a finance domain dubbed “Department of Government Efficiency, or DOGE,“ a realm heavily invested in car...