Experts warn MicroStrategy’s high-flying valuation has ‘no rational explanation’—and investors face a double whammy of risk
The company, which rebranded from MicroStrategy to "Strategy" this week, is worth just under double the value of its Bitcoin holdings.
![Experts warn MicroStrategy’s high-flying valuation has ‘no rational explanation’—and investors face a double whammy of risk](https://fortune.com/img-assets/wp-content/uploads/2025/02/GettyImages-2162970675-e1738958559747.jpg?w=2048#)