(Bloomberg) -- MicroStrategy Inc. chairman and co-founder Michael Saylor placed one of his biggest bets yet, with the enterprise-software maker turned Bitcoin investment-fund proxy purchasing $593.3 million more of the largest cryptocurrency. Most Read from BloombergBanking Escapees Make Billions From Private Credit BoomTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025These Are the World's Most Expensive Cities to Live In Right NowSaudi Arabia Offers Iran Investment to Blunt
Novogratz said the approval of a spot Bitcoin ETF could drive billions to the crypto space.
YPF, ARGT, BITO, Coinbase and MicroStrategy are part of the Zacks Investment Ideas article.