MicroStrategy’s MSTR Surges 13% As BTC Records New All-time High

Share This Post

microstratgy

The post MicroStrategy’s MSTR Surges 13% As BTC Records New All-time High appeared first on Coinpedia Fintech News

As Bitcoin touched its highest-ever level of $75K with the likelihood of a Trump win, MicroStrategy’s stock MSTR also surged an impressive 13% in the pre-market trading. The company’s bold plan to closely link its value to Bitcoin’s performance is mirrored in this spike in MSTR. At current prices, MicroStrategy owns about 158,245 BTC, which is worth over $11 billion. Also, MicroStrategy’s balance sheet appears to be even stronger in light of Bitcoin’s recent surge, which boosts shareholder confidence. 

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Binance OI Hits All-Time High, Bullish Sign or Risk Ahead?

The post Binance OI Hits All-Time High, Bullish Sign or Risk Ahead appeared first on Coinpedia Fintech News In the past 24 hours, Binance has set a new record as the market sentiment shifts and

Shiba Inu Burn Rate Ignites 3,674% On Election Day, Will SHIB Move With Dogecoin Price To New ATH?

Shiba Inu (SHIB) recently witnessed a significant increase in its burn rate, surging 3,674% on US presidential election day Interestingly, this spike has come amid reignited interest in the SHIB

Hut 8 Gears up for a Mining Power Surge With 31K New Bitmain Antminers

Hut 8 Corp, a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate

JPMorgan to launch instant euro-dollar conversions on its blockchain

JPMorgan has developed instant dollar-euro settlements using its Kinexys blockchain, with the new feature slated to go live in the coming months  According to a Bloomberg News report, the bank will

Bitwise CIO Declares: ‘We Are Entering The Golden Age Of Crypto’ With Years Of Bull Market Ahead’

As Donald Trump secured his return to the presidency for the 2025-2029 term, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, expressed a bullish outlook for the cryptocurrency

Ripple CEO Calls on Trump for Sweeping SEC Reforms in First 100 Days

On Wednesday, Ripple CEO Brad Garlinghouse offered a pointed roadmap for the early days of Donald Trump’s administration, outlining immediate steps that could reshape digital asset regulation