Bitcoin Price Surge Sends MSTR Stock Above $100
Bitcoin's price surge nears $70,000, sending MSTR stock above $100.
MSTR rose by 12.15% on August 19, with its stock opening at $94.54 and closing above $100.
Strategy's Bitcoin holdings are worth about $57.4 billion, below the $63.36 billion spent to acquire them.
Michael Saylor warned shareholders that they may need a time horizon of up to 10 years due to the complex financing used by Strategy.