MicroStrategy stock hits 25-year high – Bitcoin drives market surge

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MicroStrategy capitalizes on Bitcoin's surge, breaking stock price milestones and attracting investors – What’s next for MSTR?

Bitcoin’s 11% surge fueled records of $38 billion in daily trading volume across ETFs and crypto firms.

However, experts argue that the factors driving this growth extend beyond just Trump’s win, encompassing several key elements at play.On the 11th of November, MicroStrategy , led by Michael Saylor, saw its stock price soar nearly 26%, reaching a new all-time high above $351.As of the latest update, MSTR is up 25.73%, trading at $340 and surpassing a peak high set nearly 25 years ago, with an unprecedented $12 billion in trading volume.

As of now, the company’s total Bitcoin holdings, which amount to 279,420 BTC, are valued at approximately $24.3 billion.

 

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