MSTR is trading at $140.91 (+6.46%) as the stock tracks a significant rally in the cryptocurrency market and a broader risk-on rebound.
- Bitcoin climbed 2.08% since the last close to $74,674, marking a 5% intraday gain and breaking past the $74,000 milestone.
- The move aligns with a surge in other digital assets, including a 5.78% jump in Ethereum, while the NASDAQ rose 0.96% on improved market sentiment.
- Gains are further supported by hopes for Middle East de-escalation; no company-specific news was reported as the stock continues its close correlation with BTC.