MSTR Stock Skyrockets 18% Amid Broad Bitcoin Rally
Strategy (MSTR), the company that provides Bitcoin treasury and enterprise analytics services, saw its stock price surge 18% on Thursday to $144.82 per share.
The increase of $21.63 per share marks a recovery from two consecutive down sessions for the company's stock.
The rise in MSTR's stock value comes amid a broader Bitcoin rally and the company's recent resumption of purchasing Bitcoin.