MicroStrategy (NASDAQ: MSTR) is gaining momentum again, riding on the back of Bitcoin’s explosive rally to $88,253 and growing investor appetite for crypto-exposed equities. The company, which now holds over 214,000 BTC, is drawing headlines not just for its strategic conviction — but for holding nearly half the Bitcoin mined by Satoshi Nakamoto during the early days of the network.
At the time of writing, MSTR is trading at $325, up over 85% year-to-date. Price action suggests bulls are firmly back in control, with the stock now pushing toward key breakout zones as Bitcoin eyes fresh all-time highs.
The updated daily chart shows a bullish continuation pattern following a bounce off the $280 support level:
Momentum indicators support the upside thesis, with MACD flipping positive at 7.58 and RSI climbing to 57.75, suggesting strength is building across multiple timeframes.
MicroStrategy’s long-term Bitcoin acquisition strategy is now being handsomely rewarded. With BTC nearing the $90,000 mark, MSTR is once again viewed as a leveraged Bitcoin proxy, attracting both institutional and retail capital.
The company’s BTC stash is now worth over $18 billion, underscoring the magnitude of its bullish exposure — and the stock is reflecting that with increased volume and volatility.
Bitcoin trading at $88,253 is pushing MSTR closer to a critical breakout. A sustained move above $364 could accelerate the rally toward $444, especially if Bitcoin cracks the $90,000 barrier in the days ahead.
With MicroStrategy positioned as the most aggressive corporate Bitcoin holder in the world, the stock’s fate remains tightly linked to the crypto market — and right now, the tide is moving in its favor.
This post was last modified on Mar 24, 2025, 15:06 GMT 15:06