MicroStrategy Announces 10-to-1 Stock Split with Bitcoin Surge
MicroStrategy Inc., known for holding the most Bitcoin among public companies, plans a 10-to-1 stock split. It aims to make its shares more affordable for investors and employees. Since 2020, when MicroStrategy began buying Bitcoin, its shares have risen almost 1,000%. Closing Wednesday at $1,305.72, the stock was up 4% in premarket trading. Michael Saylor,…