Ang MicroStrategy (MSTR) Stock Skyrockets Higit sa $1,000, Dwarfs S&P 500, Nasdaq, Dow Jones
Tech Ang MicroStrategy (MSTR) Stock Skyrockets Higit sa $1,000, Dwarfs S&P 500, Nasdaq, Dow Jones Balita ng Ethereum ng Bitcoin MicroStrategy, the Michael Saylor-co-founded business intelligence software giant that is also the largest corporate holder of Bitcoin, has seen its stock price go through the roof in recent weeks and months. As such, MSTR has outperformed the largest US stock market indexes by a significant margin, quite possibly due to its massive exposure to Bitcoin. MSTR Outperforms S&P 500 It has been two months since the start of the year, and the US financial markets are showing some promising results. The S&P 500 – perhaps the best-known index tracking the performance of the 500 largest publicly traded companies in the States – has gained just over 8% and sits at an ATH of over 5,100. The Dow Jones Industrial Average is also up YTD by 3.6% as of Fridays closing price. The Nasdaq Composite, which follows the biggest technological firms, has increased by just over 1% within the same timeframe. However, MicroStrategy, which is listed on the Nasdaq, has been at the forefront of gains for the index. In fact, MSTR has soared by more than 50% since the start of the year and flew past $1,000 at
