MicroStrategy stock is up more than fivefold in 2024 thanks to a furious rally in bitcoin. Here's what you need to know.

One of the more impressive runs higher ever seen in stocks took at least a brief breather on Thursday, with Bitcoin Development Company MicroStrategy (MSTR) sporting a double-digit percentage loss even as the price of bitcoin (BTC) surged to a new record high just shy of $100,

MicroStrategy (MSTR) just knocked it out of the park, becoming the most traded stock in the United States today. With $18.6 billion in trading volume, it’s

On 11/20/24 MSTR stock closed at $473.83-or a gain of nearly 134 points (just under 40%) in that 9-day period. One would have certainly expected the price of these bearish puts to drop sharply given the massive rally in the share price along with 9 days of time decay.

Shares of business analytics software company MicroStrategy (NASDAQ:MSTR) jumped 15% in the afternoon session after the company announced the pricing of a new private offering of $2.6 billion in convertible senior notes due in 2029.

MicroStrategy Inc shares tumbled after Andrew Left’s Citron Research said in a post on X that it’s betting against the software company, which has effectively transformed itself into a Bitcoin investment fund.

A trio of tiny biotech firms have announced plans to invest up to $1 million in Bitcoin. They are not the next MicroStrategy.

MicroStrategy's big bets on bitcoin mean investors need to know what they're buying — and their own investing strategies.