Strategy (MSTR) Stock Aligns with Bitcoin Boom, Surges 6%

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As expected with the recent ATH surge for Bitcoin (BTC), shares in Strategy (MSTR) stock have also gained in the past week. As of Friday’s market close, MSTR is up 6.5% in the last week. It touched record highs earlier this year, and continues to rise as the Bitcoin asset surges as well. As the world’s largest corporate holder of Bitcoin, MicroStrategy’s stock price is highly sensitive to the cryptocurrency’s market movements.

As a result of the gains, Strategy is set to post $14 billion in unrealized gains in Bitcoin for Q2 of 2025. Currently, the company holds 597,325 Bitcoin, and the overall portfolio is worth over $42 billion. The firm is also is up 43.3% since the beginning of the year, but at $430.03 per share, it is still trading 9.2% below its 52-week high of $473.83 from November 2024.

According to Michael Saylor, Strategy might never sell Bitcoin for decades as the digital asset would become scarce. The demand would rise tenfold with a lesser supply and generate more profits than imagined. If BTC goes above $1 million and above, Saylor and Strategy would sit on plenty of unrealized profits.

Also Read: Saylor’s Strategy Sued for $5.9B Bitcoin Loss Over Alleged Stock Deception

Also Read: Saylor’s Strategy Sued for $5.9B Bitcoin Loss Over Alleged Stock DeceptionBesides Strategy, several other cryptocurrency-related stocks got a lift from bitcoin trading at an all-time high. Shares of cryptocurrency miners MARA Holdings (MARA) and Riot Platforms (RIOT) added about 4% and 2%, respectively. Furthermore, crypto trading platform Bitunix notes that once bitcoin broke through the $112,000 barrier, many short sellers moved to cover their bets, which helped drive the price even higher. Now trading at an all-time high, the overall crypto market is majority bullish and projecting even further ATHs for BTC.

Currently, MSTR is trading near the top of its 52-week range and above its 200-day simple moving average. Analysts at CNN are forecasting gains of up to 51% to $650.00 over the next 12 months.

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GateUser-a1038b23vip
· 23h ago
Steadfast HODL💎
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GateUser-a1038b23vip
· 23h ago
Steadfast HODL💎
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