MicroStrategy (MSTR) Soars 11.27% in Five Days on Bitcoin Purchase

Mover TrackerWednesday, Apr 23, 2025 6:26 pm ET

1min read

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MicroStrategy (MSTR) shares rose 0.79% today, marking the fifth consecutive day of gains, with a 11.27% increase over the past five days. The share price reached its highest level since January 2025, with an intraday gain of 3.73%.

MicroStrategy's recent stock price surge can be attributed to several key factors. The company's announcement of a new Bitcoin purchase has significantly boosted investor confidence, leading to a 9% increase in its shares. This move reflects the growing interest in crypto-heavy tech stocks as Bitcoin prices rebound, driving positive momentum for

MicroStrategy

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Additionally, there has been a notable surge in options activity, with 38,000 contracts opened for the 4/25 weekly. This indicates significant market interest and potential speculative trading around MicroStrategy's stock, further contributing to its recent price movements.

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