MicroStrategy (MSTR) shares jumped more than 8% during Friday trading. The rally occurred despite an absence of company-specific news or announcements. Bitcoin (BTC) prices climbed over 5% during the same period. MicroStrategy maintains its position as the largest corporate holder of Bitcoin. The stock continues to trade as a leveraged proxy for the underlying digital asset.
MicroStrategy Surges 8% as Bitcoin Rally Reinforces Its Role as Premier Crypto Proxy
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