Stock Surges Amid BTC Adoption
Following the announcement, shares of MicroStrategy saw a dramatic rise, reaching new heights not observed in over two decades. The stock, trading under the symbol MSTR, surged 23.7% on Monday, closing at its highest price since March 2000.
This surge reflects the broader post-election uptick in cryptocurrency interest, attributed partly to policies favoring crypto asset integration within U.S. financial systems. Notably, MicroStrategy’s stock performance has largely mirrored Bitcoin's price trajectory since the company formally adopted Bitcoin as its primary treasury reserve asset.
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