Coinatory
Coinatory

MicroStrategy Hits Highs Not Seen Since 2021

MicroStrategy, a leading enterprise analytics firm, saw its stock (NASDAQ:MSTR) soar above $500 on Black Friday, marking its highest point since December 2021 and valuing the company at $7.33 billion, driven by its successful long-term investment in Bitcoin. Despite various financial ups and downs, the company has amassed a significant Bitcoin portfolio, holding about 0.75% of the cryptocurrency's total circulating supply.

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