Bullish
MicroStrategy's stock jumps 11.87% to $147.95 as Bitcoin hits $80,858
MicroStrategy's stock surged 11.87% to $147.95, closely tracking Bitcoin's 5.42% rise to $80,858. The company's 845,050 BTC holdings are now valued at $68.3 billion, surpassing its $58.8 billion market cap. A close above $150 could target $175, while a drop below $130 may reverse the breakout.
Key points
- MicroStrategy's stock rose 11.87% to $147.95, mirroring Bitcoin's 5.42% gain to $80,858.
- The company's 845,050 BTC holdings are now worth $68.3 billion, exceeding its $58.8 billion market cap.
- A close above $150 could target $175, while a drop below $130 may reverse the breakout.
Sources
AI-generated from public news sources. Not financial advice.
