AI predicts MSTR stock price for year-end
MicroStrategy Inc. (NASDAQ: MSTR) has been riding the crypto wave, with its stock price surging alongside Bitcoin’s (BTC) recent all-time highs.
Following the acquisition of an additional 27,200 BTC between October 31 and November 10 at an average price of $74,463 per coin, MicroStrategy now holds a substantial 279,420 BTC, valued at approximately $23 billion according to Bitcoin Treasuries.
With Bitcoin currently trading around $87,000, this holding has positioned MicroStrategy as the top corporate Bitcoin owner, making its stock a highly leveraged bet on Bitcoin’s trajectory.
As MSTR’s stock price hits new highs, currently trading at $338.91, investors are…
