MSTR - MicroStrategy Stock Is Moving Higher Monday: What's Going On? | Benzinga
MicroStrategy Inc (NASDAQ:MSTR) shares are moving higher Monday as the price of Bitcoin (CRYPTO: BTC) reaches an all-time high.
What To Know: MicroStrategy shares have surged nearly 100% over the last month and have climbed to their highest levels since March 2000 in recent weeks alongside rising bitcoin prices.
Increased demand following the approval of spot Bitcoin ETFs in January appears to be driving crypto prices higher. Many market participants are also looking ahead to April’s halving event.
Last week, MicroStrategy announced that it would offer $700 million aggregate principal amount of 0.625% convertible senior notes due 2030 in a private offering to qualified institutional buyers. In a new regulatory ...