Morgan Stanley bank has been characterized by being a company that always makes good moves and excellent investments that bring great benefits in the long term. Recently it jumped again to the front page because this time it invested not only in shares of a company, it has also invested in the future.
With the recent acquisition of 792,627 shares of microstrategy company and now Morgan Stanley bank owns 10.9% of Michael saylor's company. this has been very beneficial for both parties because the share price of microstrategy artificial intelligence company reached a maximum of $547 per share.
And even though the price dropped more than $10 to one there is a big benefit since a month ago the shares were worth $289.
Another piece of news that was also received with much joy, was that Tesla shares closed at $880, with this Tesla beat a record as it has surpassed the capitalization of Facebook. Tesla has been a winning company with a revaluation of more than 700% in 2020.
This rise in Tesla's share price has also made Elon, which holds 20% of the shares, the richest person in the world with a net worth of $209B.
In Conclusion
we will soon see more and more companies getting involved with the Christ and buying bitcoin and other coins to use as a reserve of value as reserves of value like gold have lost ground to bitcoin. we will also see if in the coming months tesla continues to rise and dethrone other companies like Google, amazon, Microsoft or Apple. And despite the fact that they say it is an overvalued company because so far it continues to give incredible numbers and growing more and more.