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MicroStrategy Stock Pops as Bitcoin Nears $100,000
MSTRMicroStrategy(MSTR) Schaeffers Investment Research·2024-11-29 15:49

MicroStrategy Inc (NASDAQ:MSTR) stock is up 6,5% to trade at $414.02 at last glance, as Bitcoin (BTC) continues to flirt with the $100,000 level. The security is looking to extend last session's gains of nearly 10%, and already boasts a jaw-dropping 550.7% lead for the year. While shares have taken a step back from their Nov. 21, record high of $543, support remains at the 20-day moving average.Short sellers are already hitting the exits, with short interest down 7.7% over the last two reporting periods. Th ...