Will MSTR Return to $500 With the BTC Ride?
@Spiders:
I wouldn't be surprised if MicroStrategy (MSTR) managed to return to the $500 level, especially given its close proximity to that price point and the high volatility that characterizes its stock performance. As of yesterday, MSTR closed at $406, reflecting a notable 8.72% increase from the previous day. While the sudden surge might prompt optimism about a potential rally towards $500, I personally remain cautious about buying into the stock. Here are a few reasons why: 1. 52-Week Range and Historical Price Trends The 52-week price range of MSTR has been quite wide, with a low of $43.89 and a high of $542.99. While the current price of $406 is notably closer to the upper end of this range, the 52-week low is significantly below the current price, which raises concerns for me. Given that MST