Will Bitcoin’s Rally to $81,000 Push MSTR Higher?
- Summary:
- MicroStrategy stock rides Bitcoin’s rally to $81,000 with unrealized gains surpassing $10B. Will MSTR break resistance and soar higher?
MicroStrategy (NASDAQ: MSTR) is firmly in the spotlight as Bitcoin approaches $81,000. This post-election rally has sparked fresh optimism across the crypto space, with MicroStrategy benefiting from its massive Bitcoin stash. But how far can MSTR ride this wave?
Bitcoin’s Rally Lights Up MicroStrategy
Bitcoin’s rise has been truly astonishing, reaching an intraday peak of $81,827. This is fantastic news for MicroStrategy. The firm possesses more than 252,000 Bitcoins, acquired at an average cost of $39,266. At the current price, those assets have a value of…
