Shares of Strategy (MSTR), as expected, have gained over the last week. MSTR has gained 6.5% since Friday, the market’s close. The stock price reached new highs early this year. It continues to increase as Bitcoin increases. MicroStrategy is the largest corporate Bitcoin holder in the world, and its stock price is sensitive to cryptocurrency market fluctuations.
Strategy expects to report $14 billion of unrealized Bitcoin gains for Q2 2025. Currently, the company holds 597,325 Bitcoin, and the overall portfolio is worth over $42 billion. It is also up 43.3% from the start of the year. However, at $430.03, the firm’s share price is 9.2% lower than its previous 52-week peak of $473.83 in November 2024.
Michael Saylor believes that Strategy may not sell Bitcoins for many decades, as it will become rare. Demand would increase tenfold and profits could be higher than expected. Saylor and Strategy could sit on a large amount of unrealized profit if BTC exceeds $1 million.
Also Read: Saylor’s Strategy Sued for $5.9B Bitcoin Loss Over Alleged Stock Deception
Besides Strategy, several other cryptocurrency-related stocks got a lift from bitcoin trading at an all-time high. MARA Holdings’ (MARA) shares and Riot Platforms’ (RIOT) gained 4% and 2% respectively. Bitunix, a crypto-trading platform, notes that bitcoin has broken through $112,000, and many other cryptocurrencies have followed suit. short sellers As a result, the market price soared. BTC is now trading at a record high. The overall crypto market, which includes BTC, is overwhelmingly bullish.
MSTR trades at the moment near its top 52-week trading range. It is also above its moving 200-day average. Analysts at CNN Forecasts indicate gains up to $510.00 in the next year.
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Source: watcher.guru
