Stock Track | MicroStrategy Soars 5.08% as Bitcoin Rally and Trump Crypto Policy Boost Stock

Stock Track12-05

MicroStrategy (MSTR), a business intelligence company and the largest corporate holder of Bitcoin, saw its stock surge by 5.08% on Wednesday during intraday trading. The soaring move comes amid a broader rally in cryptocurrency markets, with Bitcoin nearing the $100,000 mark, and expectations of a crypto-friendly policy under the incoming Trump administration.

The company's stock performance has been closely tied to the price of Bitcoin due to its massive holdings of the digital currency. As of the latest disclosure, MicroStrategy holds over 402,100 Bitcoins, valued at around $38 billion based on current prices. This significant exposure to Bitcoin has made the company's stock a proxy for investors seeking exposure to the cryptocurrency market.

The news that appears to be driving MicroStrategy's stock surge includes the optimism surrounding President-elect Donald Trump's pro-crypto stance. Trump has promised to make the U.S. the "crypto capital of the planet" and has pledged to establish a council to advise on industry-related policies. This crypto-friendly approach is expected to provide regulatory clarity and foster further adoption of digital assets, benefiting companies like MicroStrategy with significant Bitcoin holdings.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

1

1

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1117621816?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-05 04:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1117621816","market":"us","top_or_hot":-1,"title":"Stock Track | MicroStrategy Soars 5.08% as Bitcoin Rally and Trump Crypto Policy Boost Stock","media":"Stock Track","content":"<p>MicroStrategy (MSTR), a business intelligence company and the largest corporate holder of Bitcoin, saw its stock surge by 5.08% on Wednesday during intraday trading. The soaring move comes amid a broader rally in cryptocurrency markets, with Bitcoin nearing the $100,000 mark, and expectations of a crypto-friendly policy under the incoming Trump administration.</p>\n\n<p>The company's stock performance has been closely tied to the price of Bitcoin due to its massive holdings of the digital currency. As of the latest disclosure, MicroStrategy holds over 402,100 Bitcoins, valued at around $38 billion based on current prices. This significant exposure to Bitcoin has made the company's stock a proxy for investors seeking exposure to the cryptocurrency market.</p>\n\n<p>The news that appears to be driving MicroStrategy's stock surge includes the optimism surrounding President-elect Donald Trump's pro-crypto stance. Trump has promised to make the U.S. the \"crypto capital of the planet\" and has pledged to establish a council to advise on industry-related policies. This crypto-friendly approach is expected to provide regulatory clarity and foster further adoption of digital assets, benefiting companies like MicroStrategy with significant Bitcoin holdings.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | MicroStrategy Soars 5.08% as Bitcoin Rally and Trump Crypto Policy Boost Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | MicroStrategy Soars 5.08% as Bitcoin Rally and Trump Crypto Policy Boost Stock\n</h2>\n\n<h4 class=\"meta\">\n\n2024-12-05 04:08 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MicroStrategy (MSTR), a business intelligence company and the largest corporate holder of Bitcoin, saw its stock surge by 5.08% on Wednesday during intraday trading. The soaring move comes amid a ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSTR","symbol_name":"MicroStrategy","start_time":0,"source_url":"","article_id":"1117621816","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1117621816","pubTimestamp":1733342909,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"MicroStrategy , a business intelligence company and the largest corporate holder of Bitcoin, saw its stock surge by 5.08% on Wednesday during intraday trading. The soaring move comes amid a broader rally in cryptocurrency markets, with Bitcoin nearing the $100,000 mark, and expectations of a crypto-friendly policy under the incoming Trump administration.The company's stock performance has been closely tied to the price of Bitcoin due to its massive holdings of the digital currency. As of the lat","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MSTR":"MicroStrategy"},"translate_title":"随着比特币反弹和特朗普加密货币政策提振股价，MicroStrategy飙升5.08%","themeId":"fb969b85e802dddc743a19114a765d2d","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSTR":1},"content_text":"MicroStrategy (MSTR), a business intelligence company and the largest corporate holder of Bitcoin, saw its stock surge by 5.08% on Wednesday during intraday trading. The soaring move comes amid a broader rally in cryptocurrency markets, with Bitcoin nearing the $100,000 mark, and expectations of a crypto-friendly policy under the incoming Trump administration.\nThe company's stock performance has been closely tied to the price of Bitcoin due to its massive holdings of the digital currency. As of the latest disclosure, MicroStrategy holds over 402,100 Bitcoins, valued at around $38 billion based on current prices. This significant exposure to Bitcoin has made the company's stock a proxy for investors seeking exposure to the cryptocurrency market.\nThe news that appears to be driving MicroStrategy's stock surge includes the optimism surrounding President-elect Donald Trump's pro-crypto stance. Trump has promised to make the U.S. the \"crypto capital of the planet\" and has pledged to establish a council to advise on industry-related policies. This crypto-friendly approach is expected to provide regulatory clarity and foster further adoption of digital assets, benefiting companies like MicroStrategy with significant Bitcoin holdings.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1117621816"}