MSTR
💻 MicroStrategy showed remarkable strength, closing up 4% on Friday while the broader market experienced significant losses.
₿ The stock’s performance is tightly linked to Bitcoin, as the company holds substantial amounts of the cryptocurrency, acting essentially as a Bitcoin proxy.
🛒 Recent purchases of MicroStrategy shares were indicated (‘flechitas verdes son compras’), suggesting a bullish stance on the stock as a way to gain Bitcoin exposure.
@ClaveBursatilTV:
“In particular, MicroStrategy finished up 4% on Friday when the entire market got hammered. It finished up 4%. Why? Because it’s nothing other than Bitcoin too. I mean, MicroStrategy only has Bitcoin; basically, what’s left of the company is a shell, and it’s all Bitcoin. So if Bitcoin goes up, MicroStrategy will too. Well, I’ve also been picking some up, right? All these little green arrows are purchases I’ve been making of MicroStrategy.”
Watch the exact part of the video where @ClaveBursatilTV talks about MicroStrategy here:
Watch the video on YouTube
Read more articles analyzing MicroStrategy (MSTR) at the following link. MSTR stock.
