MicroStrategy stock surges 500% YTD as Bitcoin nears $100K
MicroStrategy stock has soared 94% in 2024, fueled by Bitcoins rally above $97,000, with $15 billion in unrealized gains.
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MicroStrategy stock has soared 94% in 2024, fueled by Bitcoins rally above $97,000, with $15 billion in unrealized gains.
Analysts expect MSTR stock to pump to as high as $450 as Bitcoin's price continues to rise.
MicroStrategy stock trades at a premium to its Bitcoin holdings amid its leveraged strategy and cash flows from its software business.
According to data from the SaylorTracker website, MicroStrategy currently holds 446,400 Bitcoin, valued at approximately $43.7 billion.
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