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MicroStrategy Is Sitting on $500 Million

MicroStrategy Is Sitting on $500 Million

by July 28, 2015 at 12:06 pm 0 comments

MicroStrategy, the industry technology provider, is now sitting on close to $500 million of cash. The company disclosed the cash hoard in its earnings release yesterday. Company officials said the cash will be used when/if MicroStrategy stock [ticker: MSTR] becomes undervalued. MSTR has climbed about 13% in value so far thisRead More