The Last Time MicroStrategy Went Parabolic

Remember back in mid-March, when Bitcoin was up about 65% year-to-date butMicroStrategy, Inc.(NASDAQ:MSTR), the firm best known for hoarding Bitcoin (CRYPTO: BTC) on its balance sheet, was up165%YTD?

If you do remember that, you probably thought that was crazy. We did too.

You probably also thought about betting against it. You probably didn't though, right? You didn't want to short shares of MSTR, for good reason: what if the stock kept going up? Your potential losses would have been unlimited, and you could have started getting...