MicroStrategy Incorporated is trading 7.1% up now at $132.82, driven by a fresh Bitcoin acquisition and a broader recovery in the cryptocurrency market.
- The company disclosed the purchase of 1,587 BTC for approximately $100 million between June 8–14, funded through its at-the-market (ATM) equity program.
- The move reinforces the firm's leveraged Bitcoin strategy as a sharp rally in Bitcoin and Ethereum prices boosts investor sentiment toward crypto-exposed equities.