Reported 2 days ago
MicroStrategy's shares surged 13% to a record high after the company announced it purchased an additional $4.6 billion in Bitcoin, bringing its total holdings to 331,200 BTC, valued at approximately $30 billion. The stock's momentum has increased since breaking out of a rectangle formation, with a potential price target of around $525. Investors are advised to monitor key support levels at $180 and $115 as profit-taking may occur.
Source: YAHOO