Strategy shares have skyrocketed, reaching its highest price this year, with Bitcoin itself priced close to $100,000 ahead of the software company’s first quarter revenue report on Thursday.
NASDAQ List Stock (MSTR) recently traded over $400 per share, up over 4% on Thursday. Yahoo Finance The data will be displayed. At the time of this writing, the Thursday high was $403.90, and the peak in 2025, the day after Trump’s inauguration on January 21, did not reach the $404.42 peak of $404.42.
The Tysons, Virginia-based software company (known as MicroStrategy) will share revenue later Thursday.
The company sells >Stratege, owns 553,555 Bitcoin, worth $53.5 billion at today’s price, making it the largest corporate sanctuary for assets.
Co-founder and executive director Michael Saylor has urged other companies to stockpile Bitcoin as a way to gain better value for shareholders.
The rise in MSTR occurs as Bitcoin prices skyrocket. Bitcoin has recently been trading at over $97,000 per coin. This is the highest level since February.
Bitcoin hit a new all-time high of nearly $109,000 over Trump’s inauguration, but it was a hit with stocks and other risky assets.
After falling below $75,000 per coin in early April, the cryptocurrency recovered.
Bitcoin first hit the mythical $100,000 mark last December.
Edited by Andrew Hayward