Vitanza, who attended MicroStrategy’s World 2024 user forum in Las Vegas last week, however, said customers had significant positive feedback regarding the firm’s legacy software business, founded long before Saylor pushed the company to purchase billions of dollars of bitcoin. “This is causing us to rethink the potential upside around the operating business,” he wrote.
Two Big Bitcoin Catalysts Could Drive MicroStrategy Stock Gains, TD Cowen Says
