From Nasdaq MarketSite:

MicroStrategy Co-Founder Michael Saylor continues his bullish stance on Bitcoin, with the company’s stock jumping 25% this week. Saylor aims to keep buying Bitcoin, recently acquiring $864 million worth after issuing senior notes. Another $500 million notes issue has been used for more Bitcoin purchases and general corporate purposes.

Driven by the popularity of spot Bitcoin ETFs, investors follow MicroStrategy’s lead in acquiring more Bitcoin. The cryptocurrency recently hit new price records, further fueling investor optimism in both Bitcoin and MicroStrategy. This bullish trend has positioned MicroStrategy as an attractive investment option for those seeking exposure to the cryptocurrency market.



Read more at Nasdaq MarketSite: Why MicroStrategy Stock Skyrocketed by 25% This Week