into the current week and hit a high of $1740, tucking an extra +4% as of 22nd May.MicroStrategy’s shares recorded 3.6X more gains than Coinbase’s, the largest US cryptocurrency exchange, stock when performance was adjusted on the weekly chart.Interestingly, collective Bitcoin miner stocks also saw remarkable double-digit gains but were slightly lower than MSTR over the same period., which tracks top BTC miner stocks, including Marathon Digital’s stock , recorded 12.
So far, in Q2, the firm added 122 BTC, bringing its total BTC war chest to 214,400 coins, worth over $15 billion based on current market prices. But MSTR’s allure could be irresistible, especially compared to BTC’s performance. MSTR has outperformed BTC on a weekly, monthly and YTD basis. It meant MSTR holders had better returns than their BTC counterparts. So, what’s next for MSTR’s price?On the daily chart, the key next bullish targets were the ATH of $1999 and $2300 based on the Fib retracement tool . The bullish reading on the RSI indicated that the above bullish targets were feasible.
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