Translation to English:
MicroStrategy (NASDAQ: MSTR) shares reached a new record high as Bitcoin surpassed the $71,000 mark. This year, MicroStrategy has shown stronger performance than Bitcoin. With increased investments from BlackRock, MicroStrategy’s stock hit its highest level in 24 years.
Read also: U.S. elections push #Bitcoin toward all-time highs, funds record third-highest inflow.
MicroStrategy shares up 470% in 2024
MicroStrategy shares closed at $258 yesterday, marking a 125% increase in September alone and a 470% rise since the start of the year. While Bitcoin has not yet broken its previous levels, MicroStrategy exceeded its previous peak in early October and continued to rise.
Bitcoin’s price increased by over 8% in the last two sessions, nearing an all-time high of around $74,000, last reached in March. Meanwhile, U.S. exchange-traded funds (ETFs) investing in Bitcoin have seen significant net inflows over recent days.
In recent hours, Bitcoin’s price reached $73,525, nearing a historic peak, while other cryptocurrencies like Ethereum, the second-largest digital currency, and Dogecoin, a favorite among meme fans, have also seen gains.
Summary:
MicroStrategy shares reached a record high, outperforming Bitcoin this year with a 470% gain in 2024. As Bitcoin approaches an all-time high of $74,000, U.S. Bitcoin ETFs are experiencing significant inflows, and other cryptocurrencies like Ethereum and Dogecoin are also gaining.#MarketDownturn